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Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance $ 1,390 Advertising

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

Insurance $ 1,390
Advertising expense 895
Mortgage interest 5,350
Property taxes 1,310
Repairs & maintenance 1,420
Utilities 1,460
Depreciation 8,600

During the year, Natalie rented out the condo for 90 days, receiving $33,500 of gross income. She personally used the condo for 41 days during her vacation. Natalie's itemized deduction for nonrental taxes is less than $10,000 by more than the property taxes allocated to the rental use of the property.

Assume Natalie uses the Tax Court method of allocating expenses to rental use of the property. Assume 366 days in the current year

c. If Natalies basis in the condo at the beginning of the year was $205,000, what is her basis in the condo at the end of the year?

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