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Bree owns a rental property which was rented for the entire year. She is an active participant but does not materially participate. She incurred the
Bree owns a rental property which was rented for the entire year. She is an active participant but does not materially participate. She incurred the following expenses: Tax preparation, $300 ($125 directly related to the rental). Repairs, $520. Property insurance, $1,000. Health insurance, $800. Real estate tax, $1,600. Interest on Brees personal credit card for clothing, $245. Advertising, $250. What is Brees total Schedule E expense deduction
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