Kendra owns a vacation home. She used the home for 30 personal-use days and 70 rental days this year. Kendra did not incur any expenses to obtain tenants. Which of the following are true?

Select one:

a. All of these choices are correct.

b. Kendra may not report a loss from the rental property

c. Kendra includes rental receipts in gross income and deducts the expenses allocated to the rental use of the home on Schedule E.

d. Any property taxes and interest expense that are not allocated to the rental use of the home, Kendra deducts from AGI