Daniel owns a two-family home. He rents out the second floor and resides on the first floor. Daniel had the following expenses for the building for the year ended December 31, 2022: $1,800 1,600 1,200 1,400 400 Real estate taxes Mortgage interest Utilities Repairs (second floor) Painting (first floor) In addition, the depreciation attributable to the entire building would be $2,000. What is the total amount of the expenses that Daniel can deduct on Schedule E of Form 1040 (before any limitations)? a. $3,300 b. $4,000 c. $4,700 d. $3,850

Daniel owns a two-family home. He rents out the second tloor and resides on the first floor. Daniel had the following expenses for the buildine for the vear ended December 31.2022 . In addition, the depreciation attributable to the entire building would be $2,000. What is the total amount of the expenses that Daniel can deduct on Schedule E of Form 1040 (before any limitations)? a. $3,300 b. $4,000 c $4,700 d. $3,850