Manuela began renting her entire main home at a FMV on May 1 2008. when she converted the house to rental property the adjusted basis was 205000 which included 18000 of the value attributable to the land. the FMV at the time of conversion was 195900 including land value of 10000. In 2019 Manuela received 19200 in rental income from the property. Her expenses for the year included yard maintenance 480 repairs 850 property insurance 2520 mortgage interest 8960 real estate tax 2750. What is Manuela lisa on the rental property? a. (3861) b. (3766) c. (3693) d. (3088)

Rental Real Estate Question 66 of 75. Manuela began renting her entire main home at fair rental value on ur entre main home at fair rental value on May 1. 2008. When she converted the house to porty, the adjusted basis was $205.000, which included $18.000 of value attributable to the land me at the time of conversion was $195,000, including land value of $10.000. In 2019. Manuela received 13,200 in rental income from the property. Her expenses for the year included: yard maintenance, 400, insurance, $2,520; mortgage interest $8,960; real estate tax. $2.750. What is Manuela's loss on the rental property ($3,861) ($3,766) ($3,693) ($3,088) Mark for follow up