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Lauren owns a condominium. In each of the following alternative situations, determine whether the condominium should be treated as a residence or a nonresidence for

Lauren owns a condominium. In each of the following alternative situations, determine whether the condominium should be treated as a residence or a nonresidence for tax purposes.

a. Lauren lives in the condo for 24 days and rents it out for 19 days.

  • Residence

  • Nonresidence

b. Lauren lives in the condo for 8 days and rents it out for 19 days.

  • Residence

  • Nonresidence

c. Lauren lives in the condo for 69 days and rents it out for 98 days.

  • Residence

  • Nonresidence

d. Lauren lives in the condo for 25 days and rents it out for 308 days.

  • Residence

  • Nonresidence

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