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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 $ 610 Advertising

Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance $ 610 Advertising expense 785 Mortgage interest 5,450 Property taxes 1,240 Repairs & maintenance 600 Utilities 780 Depreciation 12,700 During the year, Natalie rented out the condo for 82 days, receiving $32,750 of gross income. She personally used the condo for 45 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. (Do not round apportionment ratio. Round all other dollar values to the nearest whole dollar amount.) Problem 14-59 Part a (Algo)

a. What is the total amount of for AGI (rental) deductions Natalie may deduct in the current year related to the condo (assuming she itemizes deductions before considering deductions associated with the condo)?

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