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Pat owns a vacation rental property that she regularly rents out to visitors. Pats current years expenses amounted to $4,000 mortgage interest expense, $400 property
Pat owns a vacation rental property that she regularly rents out to visitors. Pats current years expenses amounted to $4,000 mortgage interest expense, $400 property taxes, $1,000 utilities and maintenance, and $2,000 depreciation. For her personal use Pat spent 9 days at her vacation rental property and rented it for 51 days for $5,000. How much should she deduct as her Schedule E rental loss?
Group of answer choices
$1,400
$1,110
$1,290
$3,890
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