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need help with this question. It concerns 2015 Federal income Tax. Barkley owns a vacation cabin that was rented to unrelated parties for 10 days
need help with this question. It concerns 2015 Federal income Tax.
Barkley owns a vacation cabin that was rented to unrelated parties for 10 days during the year to unrelated parties for dollar 2,500. The cabin was used personally by Barkley for 3 months and left vacant for the rest of the year. Expenses for the cabin were as follows: Real Estate Taxes Maintenance and Utilities dollar I.000 dollar 2.000 How much rental income (loss) is included in Barkley's adjusted gross income? Dollar 0 dollar 500 c dollar (500) dollar(1,500) Moving to another question will save this responseStep by Step Solution
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