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Art and Trudy own a vacation home in Palm Beach, Florida. In 2016 they rented the home for 75 days and used it for personal

Art and Trudy own a vacation home in Palm Beach, Florida. In 2016 they rented the home for 75 days and used it for personal use for 15 days. Their rental income was $40,000 and their rental expenses were $50,000. Can they deduct the full amount of their rental expenses? Why or why not?

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