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7.Aziz purchased a residential rental property on April 15, 2019.He paid $300,000 cash for the building and paid an additional $540 for eligible rental expenses
7.Aziz purchased a residential rental property on April 15, 2019.He paid $300,000 cash for the building and paid an additional $540 for eligible rental expenses during 2019.He rented the property on May 1 to long term tenants for $2,900 per month.On his 2019 tax return he should report net rental income of: (Show calculations)
A.$4,660.
B.$7,173.
C.$6,633.
D.$10,660.
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