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A taxpayer rents out a vacation home for 30 days and uses it for personal use 20 days. Gross rental income was $6,000 and expenses
A taxpayer rents out a vacation home for 30 days and uses it for personal use 20 days. Gross rental income was $6,000 and expenses incurred for the year were: Depreciation carryover to the next tax year is: $0. $552. $2, 472. $2, 800. $4, 800
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