E. Assuming that gross rental revenue was $2000 (rather than $10000) and that Natalies itemized deduction for taxes $10000 before considering property taxes allocated to rental use of the property, what amount of for AGI deductions may Natalie deduct in the current year related to the condo?

Saved Help S You received partial credit in the previous attempt. View {The following information applies to the questions displayed below.) Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance Advertising expense Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $ 1,000 500 3,500 960 650 950 8, see During the year, Natalie rented out the condo for 75 days, receiving $10,000 of gross income. She personally used the condo for 35 days during her vacation. Natalie's itemized deduction for nonrental taxes is less than $10,000 by more than the property taxes allocated to the rental use of the property. Problem 6-38 Parts a, b, c, d & e (Static) Prex 1 of 14 !!! Next > arch o . C Saved Help S You received partial credit in the previous attempt. View {The following information applies to the questions displayed below.) Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance Advertising expense Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $ 1,000 500 3,500 960 650 950 8, see During the year, Natalie rented out the condo for 75 days, receiving $10,000 of gross income. She personally used the condo for 35 days during her vacation. Natalie's itemized deduction for nonrental taxes is less than $10,000 by more than the property taxes allocated to the rental use of the property. Problem 6-38 Parts a, b, c, d & e (Static) Prex 1 of 14 !!! Next > arch o . C