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a Cornelius owns a condominium in Orlando. During the year, Cornelius uses the condo a total of 25 days. The condo is also rented to

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a Cornelius owns a condominium in Orlando. During the year, Cornelius uses the condo a total of 25 days. The condo is also rented to vacationers for a total of 75 days and generates rental income of $9,000. Cornelius incurs the following expenses: Mortgage interest $4,000 Property taxes 1,800 Utilities 2,000 Insurance 1,200 Depreciation 10,000 Determine Cornelius's deduction related to the condominium. Indicate the amount of each expense that can be deducted and how it would be deducted. Use the IRS approach for allocation

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