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Question 51 of 75. Maggie purchased a rental house on March 1 of last year. It was vacant when she bought it. She decided to

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Question 51 of 75. Maggie purchased a rental house on March 1 of last year. It was vacant when she bought it. She decided to paint the interior and install new carpeting before showing the property to potential tenants. The work was completed on April 11. That same day, Maggie put out a vacancy sign and began showing the property to prospective tenants. She received a signed lease from a new tenant on May 28, and the tenant moved in on June 1. For depreciation purposes, what is the date Marie placed this rental property in service? March 1. April 11. May 28 June 1 up Question 52 of 75. Gary has a rental house that was rented beginning January 1 in the current tax year. On January 1, the tenant paid Gary a $1,200 security deposit plus $950 rent for January and $950 rent for the last month, whenever that occurs. The tenant timely paid the $950 monthly rent each of the remaining eleven months. How much rental income will Gary report for the current year? $11,400 $12,350 $12,600 $13,550 Mark for follow up

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