During the year, Martin rented his vacation home for three months andspent one month there. Gross rental income from the property was $6,500. Martin incurred the following expenses:

mortgage interest, $3,000;

real estate taxes, $1,500;

utilities, $600;

repairs, $6,800;

and depreciation, $8,000.

a. Compute Martins vacation home income or loss. Use the courts approach todeductions (each month is 30 days). LIST THE DEDUCTIONS BYCATEGORY to receive full credit

.b. What is the impact, if any, to Martins Schedule A form?

c. What is the impact, if any, to Martins future tax position?