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Required Informetlon The following Information applies to the questions displayed below Natalle owns a condominlum near Cocoa Beach In Florida. This year, she Incurs the
Required Informetlon The following Information applies to the questions displayed below Natalle owns a condominlum 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 57 728 6,880 1,52e 869 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 calculations. Round your final answers to the nearest whole doller amount.) b. What Is the total amount of Iitemized deductions Natalle may deduct in the current year related to the condo? ized deductions
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