Mark for low LP Question 38 of 75. Glenn has a rental house that was rented beginning January 1 in the current tax year. On January 1, the tenant paid Glenn a $1,200 security deposit plus $950 rent for January and timely paid the $950 monthly rent each of the remaining eleven months. How much rental income will Glenn report for the current year? $11.400 512 350 512.600 513,550 Mark for follow up ho od rent for 5600 per month. As Eldridge's Tax Professional, how should you treat Question 39 of 75. Eldridge owns a rental house, which he rents at $200 per month. Similar houses in the The income is reported and all expenses deducted, on Schedule E The income is not reported because Eldridge is operating the property as a charity The income is reported on the Other Income section on Form 1040 andre A charitable contribution of $400 is reported on Schedule A for every month Eldrid out of income are deducted on Schedule A w Mark for follow up Question 40 of 75. Leon sold residential rental property he had owned for three years. As part of th Kaspersky Internet Security e gain on the sale of the rental Application detected that you rarely use 51231 lenovo