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Kyle purchased a large lot on a lake in anticipation of building his home there within 3 yeras . During the current uear Kyle paidd

Kyle purchased a large lot on a lake in anticipation of building his home there within 3 yeras .During the current uear Kyle paidd 659in property taxes and 2500 of interest lon the semand loan he obtained to purchase the lot. January to March he rented out the lot to a local snowbile club for 1500. Whic is correct statement.
Kyle cannot desict of the property taxes or interst paid ffor the vacant lot
Kyle can deduct 650 ofbthe propertytaxes , but none of the interest paid
Kyke can decur 650 property tax and 850 interest paid
Kule can deduct all the property tax and interest paid

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