Alexa owns a condominium near Cocoa Beach in Florida. In 2022, she incurs the following expenses in connection with her condo. Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $2,250 6,875 2,200 1,525 3,000 15,125 During the year, Alexa rented out the condo for 100 days, and received $21,000 in gross rental receipts. She did not use the condo at all for personal purposes during the year. Alexa has no sources of passive income. Alexa's AGI from all sources other than the rental property is $120,000 What effect does the rental activity have on Alexa's AGI? Alexa makes all decisions with respect to the property. Note: Leave no answer blank. Enter zero if applicable. Complete this question by entering your answers in the tabs below. Required The effect on her AGI is AGI Required next >>