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Noah owned a cottage on the lake that he bought in year 1. in year 2 he rented the cottage fr 10 days to a
Noah owned a cottage on the lake that he bought in year 1. in year 2 he rented the cottage fr 10 days to a stranger and used the cottage for 20 days for his own personal-use. The cottage was not used for the rest of the year. Noah had rental income of 1,000, and he paid 600 for repairs. How should he report these activities on his Year 2 return?
a. 0 income, 0 expense
b. 333 income, 200 expense
c. 667 income, 400 expense
d. 1,000 income, 600 expense
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