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Jerry owns a condo at a ski resort. He places the condo in a rental pool managed by the resort when he and his family
Jerry owns a condo at a ski resort. He places the condo in a rental pool managed by the resort when he and his family are not using it. During 2019 they reported the following:
Personal use days.62
Rental days....34
Rental income7,600
Property taxes....9,800
Mortgage interest...5,600
Utilities and maintenance.....3,600
Using the Bolton allocation, what is reported
Schedule E | Schedule A | Totals | |
Rental income | |||
Property tax | |||
Mortgage interest | |||
Utilities and maintenance |
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