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In 2019, Selena purchased a townhouse in a resort town. In 2020, she rented the property for 10 days. She used the townhouse for 20
In 2019, Selena purchased a townhouse in a resort town. In 2020, she rented the property for 10 days. She used the townhouse for 20 days for her own personal use. The townhouse was not used the rest of the year. Selena had rental income of $3,000, and she paid $1,500 for repairs. How should she report these activities on her 2020 tax return?
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