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A taxpayer rents out a vacation home for 60 days and uses it for personal use for 30 days. Gross rental income was $8,000. The
A taxpayer rents out a vacation home for 60 days and uses it for personal use for 30 days. Gross rental income was $8,000. The following expenses were incurred for the year: Net rent for the vacation home is: $0. $720. $6, 180. $(880). None of the above. Which of the following expenditures incurred on an apartment building is not currently fully deductible from rental income? Repairs to the roof Repainting the walls Fixing leaky gutters Installing a fence around a parking lot All of the above are always currently deductible
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