In The Current Year, Sandra Rented Her Vacation Home For 75 Days, Used It For Personal Use ... Question: In the current year, Sandra rented her vacation home for 75 days, used it for personal use for 22... In the current year, Sandra rented her vacation home for 75 days, used it for personal use for 22 days, and left it vacant for the remainder of the year. Her income and expenses before allocation are as follows: Rental income $ 14,400 Real estate taxes 2,200 Utilities 2,100 Mortgage interest 4,200 Depreciation 7,000 Repairs and maintenance 1,110 What is Sandras net income or loss from the rental of her vacation home? Use the Tax Court method

SCHEDULE E

schedule A

RANTAL INCOME

14400

REAL STATE TAXES

-452

?????

UTILITES

-1624

MORTGAGE INTEREST

-863

??????

REPAIRS

?????????

DEPRECIATION

??????

NET RETAL INCOMe

ONLY THE ??? WILL HAVE A NUMBER, please dont copy and paste from prev. ppl for they are incorrect. thanks! (Depreciation IS NOT 700, Repairs & maintenance is NOT 850) Also, the ? marks are in column A AND E