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Question 38 of 75. Which of the following does NOT describe a day of personal use? The property owner rented his house to his employer

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Question 38 of 75. Which of the following does NOT describe a day of personal use? The property owner rented his house to his employer for $50 a day. The fair market rental value is $75 a day. The owner's brother stayed on the property for a week, paying $500. The fair market rental value in the area is less than $500 a week. The owner's mother stays on the property all year paying $600 a month rent. The property is the mother's principal residence and the fair market rental value is $600 a month. The owner rents his mountain property to an outside party for $500 for a 10-day period in exchange for staying at their lakefront property for $750 for the same time period Mark for follow up

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