Charles and Sarah own a home in Palm springs, california. during the year, they rented the house for 40 days for $5,000 and used it for personal use for 18 days. the house remained banking for the remainder of the year. the expenses for the house includes $16,000 in mortgage interest, $4,500 in property taxes, $1,000 in utility, $12,000 in maintenance, and $9,800 in depreciation. what is the deductible loss for the rental of their home?

$0 17,414 net loss 27,500 net loss $5,000 net income