Kelvin owns and lives in a duplex. He rents the other unit for $750 per month. He incurs the following expenses during the current year for the entire property: Mortgage interest Property taxes Utilities Fixed light fixture in rental unit Fixed dishwasher in personal unit Painted entire exterior Insurance Depreciation (entire structure) Income Mortgage interest Property taxes Utilities Fix light (rental) $ 7,500 2,000 1,500 100 250 Required: How are the above income and expenses reported on Kelvin's tax return? Note: Enter Schedule E expense as a negative number. Personal 1,300 1,800 7,000 Schedule A Schedule E 2

Kelvin owns and lives in a duplex. He rents the other unit for $750 per month. He incurs the following expenses during the current year for the entire property Required: How are the above income and expenses reported on Kelvin's tax return? Note: Enter Schedule E expense os o negotive number