7) If a family member of a taxpayer uses the rental property and pays full rental value, then those days rented are considered rental days. (True or False)

a) True

b) False

8) In the case of personal/rental property, a taxpayer can deduct expenses only to the extent that there is rental income. (True or False)

a) True

b) False

9) Jennifer's beach house, rented for 175 days and used by her and her family for 15 days, is considered personal/rental property. (True or False)

a) True

b) False

10) Jonathan and Sandy rented their cabin for 123 days and used the cabin for personal use for 55 days. The cabin is considered personal/rental property. (True or False)

a) True

b) False

11) A property rented for less than 15 days and used for personal use the remainder of the year, should have the rental income reported on Schedule E. (True or False)

a) True

b) False

12) A personal/rental property (that is not a trade or business) may report its income and expenses on Schedule A. (True or False)

a) True

b) False

13) Rental activities by definition are passive activities. (True or False)

a) True

b) False