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income tax planning Tyler has rented a house from Camarah since last year. The rent is usually $1,400 per month, but Camarah reduced the monthly
income tax planning Tyler has rented a house from Camarah since last year. The rent is usually $1,400 per month, but Camarah reduced the monthly rent down to $200 for all twelve months this year in exchange for Tyler putting in an inground pool in the backyard. The improvement has a fair market value of $15,000. How much total rental income must Camarah report this year? Select one A 516,800 B. $12,000 C. 52.400 D$17.400
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