each of the following individuals purchased their property five years ago with the intention of using it as a vacation home. they have all rented out their property during periods when they could not get away. which taxpayer has taxable income from renting their property in the current year? 1. Austin. his beachfront condo was not used for personal purposes at any time during the year. he rented the property to a coworker at FMV for 10 days 2. Catalina. She used her lakefront cabin personally for 10 days. she rented the property at FRV for 12 days using an online platform. she received a Form 1099K, Payment Card and Third Party Network Transactions, reporting a gross payment amt of more than 600 3. Colin. he used his untainted lodge personally for 32 days and allowed his brother to stay there rent free for 10 days 4. Daphne. she used her oceanside cottage personally ally for 35 days and rented it to a friend for 14 days at FRV