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Required information [The following information applies to the questions displayed below) Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the

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Required information [The following information applies to the questions displayed below) Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $ 2,000 6. See 2,eee 1,400 2,500 14,5ee During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. Alexa's AGI from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. Assuming Alexa receives $20,000 in gross rental receipts, answer the following questions (leave no answer blank. Enter zero if applicable.) d. Assume that Alexa's AGI from other sources is $200,000. This consists of $150,000 salary, $10,000 of dividends, $25,000 of long- term capital gain, and net rental income from another rental property in the amount of $15,000. What effect does the Cocoa Beach condo rental activity have on Alexa's AGI? Required information [The following information applies to the questions displayed below) Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $ 2,000 6. See 2,eee 1,400 2,500 14,5ee During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. Alexa's AGI from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. Assuming Alexa receives $20,000 in gross rental receipts, answer the following questions (leave no answer blank. Enter zero if applicable.) d. Assume that Alexa's AGI from other sources is $200,000. This consists of $150,000 salary, $10,000 of dividends, $25,000 of long- term capital gain, and net rental income from another rental property in the amount of $15,000. What effect does the Cocoa Beach condo rental activity have on Alexa's AGI

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