Dillon rented his personal residence at Lake Tahoe for $14$ days while he was vacationing in Ireland. He resided in the home for the remainder of the year. Rental income from the property was $$6,900.$ Expenses associated with use of the home for the entire year were as follows:

Real property taxes $ $3,400$

Mortgage interest $13,000$

Repairs $1,500$

Insurance $1,720$

Utilities $5,880$

Depreciation $13,800$

Required:

What effect does the rental have on Dillon's AGI?

What effect does the rental have on Dillon's itemized deductions $($assuming he itemizes deductions before considering deductions associated with the home$)?$