1. Mary owns a vacation home in the Poconos. She used the vacation home for 12 days and rented it for 48 days in 2021. Total rents received were $5,200. Expenses for the rental amounted to $5,200 mortgage interest expense, $600 property taxes, $1,225 utilities, $420 repairs, and $2,400 depreciation (based on the total cost of home). Calculate the amount of net rental income or loss and calculate the amount of expenses that are deductible for personal usage.