A)Kelvin owns and lives in a duplex. He rents the other unit for $730 per month. He incurs the following expenses during the current year for the entire property: Mortgage interest $ 7,400 Property taxes 1,920 Utilities 1,480 Fixed light fixture in rental unit 90 Fixed dishwasher in personal unit 230 Painted entire exterior 1,040 Insurance 1,800 Depreciation (entire structure) 6,300 How are the above income and expenses reported on Kelvins tax return?

b)In the current year, Sandra rented her vacation home for 75 days, used it for personal use for 22 days, and left it vacant for the remainder of the year. Her income and expenses before allocation are as follows: Rental income $ 14,400 Real estate taxes 2,200 Utilities 2,100 Mortgage interest 4,200 Depreciation 7,000 Repairs and maintenance 1,110 What is Sandras net income or loss from the rental of her vacation home? Use the Tax Court method

SCHEDULE E & SCHEDULE A

RANTAL INCOME 14400

REAL STATE TAXES -452 ???

UTILITES -1624

MORTGAGE INTEREST -863 ????

REPAIRS ???

DEPRECIATION ????

NET RETAL INCOME