Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo:

Insurance

$990

Advertising expense

615

Mortgage interest

6,500

Property taxes

1,000

Repairs & maintenance

930

Utilities 710

Depreciation 11,050

During the year, Natalie rented out the condo for 79 days, receiving $26,000 of gross income. She personally used the condo for 43 days during her vacation.

Assume Natalie uses the Tax Court method of allocating expenses to rental use of the property. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.)

1) What is the total amount of for AGI (rental) deductions Natalie may deduct in the current year related to the condo?

2) What is the total amount of itemized deductions Natalie may deduct in the current year related to the condo?

3) If Natalies basis in the condo at the beginning of the year was $192,000, what is her basis in the condo at the end of the year? 4) Assume that gross rental revenue was $3,200 (rather than $26,000). what amount of for AGI deductions may Natalie deduct in the current year related to the condo?