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Required Informetion [The following Information applies to the questions displayed below. Natalle owns a condominlum near Cocoa Beach In Florida. Thls year, she Incurs the
Required Informetion [The following Information applies to the questions displayed below. Natalle owns a condominlum near Cocoa Beach In Florida. Thls year, she Incurs the following expenses In connection with her condo: Insurance Advertising expense Mortgage interest Property taxes Repairs& maintenance Utilities Depreciation 57e 728 6,800 1,520 880 860 18,880 During the year, Natalle rented out the condo for 91 days, recelving $14,750 of gross Income. She personally used the condo for 37 days during her vacation. Assume Natalle 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 calculatlons. Round your final answers to the nearest whole dollar amount.) a. What is the total amount of for AGI (rental) deductions Natalle may deduct in the current year related to the condo (assuming she Itemizes deductions before consldering deductions assoclated with the condo)? For AGI deductions
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