Question 21 of 30. Gwen owns a rental house, which she rents for $400 per month. Similar houses in the neighborhood rent for $800 per month. As Gwen's tax preparer, how should you report her rental income? As other inom of Schade 1 (Form 1000), Ina 21 As Investment incon Schede As passive ronin room on Schede E Bwan dosa not need to report this income on her tax Mark for to ow Up Question 22 of 30. Every year, a college basketball tournament is held in Janet's city. Janet is not a basketball fan, so each year, she rents out her condominium during this week-long tournament while she goes out of town on vacation. She does not rent the condominium at any other time during the year. In 2018, she received $2,850 in rental income for that week. How does Janet report this income and any allocable expenses on her tax return? The income is 1800 or ne 21 of Schedu o 1 For 60), and qua lying sponsoreys deductibe on Jaral's Sched anstreports the room and axpenses on Schedus ncome is reported c- Schedue E Jonat competes tres goetion of expenses worksheer partant part persons uso property to determine who penses are deducted on tedus Eor Schedus A The income is not or reportabe on Janet's However, she may wish to attaccament raportino non rents to avoid an RS ingere