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bed and breantadt wiele tne taxpayer provides personal care items, daily cleaning services, and breakfast. A single-family home where the taxpayer makes management decisions regarding

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bed and breantadt wiele tne taxpayer provides personal care items, daily cleaning services, and breakfast. A single-family home where the taxpayer makes management decisions regarding tenants and expenses. A single-family home where the taxpayer purchased and renovated the property with the intention of making a quick pru A vehicle where the taxpayers provides no personal services and does not participate in the activity. Mark for follow up Question 55 of 75. Once a year, Marshall rents out his personal home when the nearby convention center holds a yoga and meditation convention. Demand is very high for the twoweek long convention. So, Marshall charges $1,000 a night for his larg home. He has $200 of expenses in preparing for the rental. In 2019, he rented the home for 13 days total. How much rental income and expense will be reported, and where will it be reported? O $13,000 of rental income and $200 of rental expense on Schedule 1, line 21 $13,000 of rental income and $200 of rental expense on Schedule E. $0 of rental income and $200 of rental expense on Schedule E. $0 of rental income and $0 of rental expense reported. Mark for follow up 000000 COO00 the following sources of rental income will be considered passivo? bed and breakfast where the taxpayer provides personal care items, daily cleaning services, and breakfast A single-family home where the taxpayer makes management decisions regarding tenants and expenses A single-family home where the taxpayer purchased and renovated the property with the intention of making a quick prom. A vehicle where the taxpayers provides no personal services and does not participate in the activity Mark for follow up Question 55 of 75. Once a year, Marshall rents out his personal home when the nearby convention center holds a yoga and meditation convention. Demand is very high for the two-week long convention. So, Marshall charges $1,000 a night for his large home. He has $200 of expenses in preparing for the rental. In 2019, he rented the home for 13 days total. How much rental income and expense will be reported, and where will it be reported? $13,000 of rental income and $200 of rental expense on Schedule 1, line 21 $13,000 of rental income and $200 of rental expense on Schedule E. $0 of rental income and $200 of rental expense on Schedule E. $0 of rental income and $0 of rental expense reported. Mark for follow up

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