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Nicolette and Brady own a cabin in Lake Arrowhead, California, that they rent out during the winter and use the rest of the year. The

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Nicolette and Brady own a cabin in Lake Arrowhead, California, that they rent out during the winter and use the rest of the year. The rental property is categorized as personal/rental property, and their personal use is determined to be 68% (based on the IRS method). They had the following income and expenses for the year (after allocation): How much can Nicolette and Brady deduct for depreciation expense related to this property for the year on their tax return? Multiple Choice $0. $1,090. $4,750. The answer cannot be determined

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