Emily owned rental property that was deemed substandard by the City of Sacramento. She incurred $60,000 of mortgage interest, property tax, and depreciation expense related to that substandard rental property. How much of the $60,000 of mortgage interest, property tax, and depreciation expense can she deduct on her Federal Income Tax Return, and California Income Tax Return?

Group of answer choices

a. Ashley can deduct $60,000 on her Federal Income Tax Return, and $60,000 on her California Income Tax Return.

b. Ashley can deduct $0 on her Federal Income Tax Return, and $60,000 on her California Income Tax Return.

c. Ashley can deduct $60,000 on her Federal Income Tax Return, and $0 on her California Income Tax Return.

d. Ashley can deduct $0 on her Federal Income Tax Return, and $0 on her California Income Tax Return.