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Required information [The following information applies to the questions displayed below Natalie 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 Natalie owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: Insurance Advertising expense Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation s 570 720 6,000 1,520 880 860 18,800 During the year, Natalie rented out the condo for 91 days, receiving $14,750 of gross income. She personaly used the condo for 37 days during her vacation. Assume Natalie uses the Tax Court method of allocating expenses to rental use of the property. Assume 365 days in the current year. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) o. What is the total amount of for AGI (rental) deductions Natalie may deduct in the current year related to the condo (assuming she itemizes deductions before considering deductions associated with the condo)? For AGI deductions 67-8 91of9 Next >

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