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Piper owns a vacation cabin in the Tennessee mountains. Without considering the cabin, she has gross income of $ 6 5 , 0 0 0

Piper owns a vacation cabin in the Tennessee mountains. Without considering the cabin, she has gross income of $65,000. During the year,
she rents the cabin for two weeks for $2,500 and uses it herself for four weeks. The total expenses for the year are $10,000 mortgage
interest; $1,500 property tax; $2,000 utilities, insurance, and maintenance; and $3,200 depreciation.
If an amount is zero, enter "0".
a. What effect does the rental of the vacation cabin have on Piper's AGI?
Piper reports rental income of $
and rental expenses of $
|for AGI.
b. What expenses can Piper deduct, and how are they classified (i.e., for or from AGI)?
Note: Assume that she itemizes her deductions.
a. Utilities
b. Insurance
c. Property Taxes
d. Mortgage interest
e. Maintenance expenses
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