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Review the following scenario Use the information provided to answer questions about the payer's 2020 turn Liam Hernandez (38) paid $112.000 for a single family

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Review the following scenario Use the information provided to answer questions about the payer's 2020 turn Liam Hernandez (38) paid $112.000 for a single family home on July 1, 2020 and immediately placed in service as sosidential rental property At the time, the land was valued at $10,000. The property generated $6.000 rental income for the year. Limonly expenses consisted of depreciation 3500 in insurance, and $750 in real estate Liam not a real estate profesional, but he does actively participle is rentat real estate activity. He did not provide any persona services during the year, though he has notified istorant that he wil make minoren to the property as needed. Liam has no other passive income or losses Question of 50 What amount should Liom claim for depreciation on his rental property tor 29207 You may refer to the depreciation Table A-e from # Publication 248, How to Dapreciate Property, to eat you in answering the shown Table A-6 Residential Rental Property Mid-Month Convention Straight Line-27.5 Years Monthly inservice Yaar 2 10 NOVE 3696 3.12 BOS 2635 30 46 300 OVE 2.71 3.7 2.213 30 3635 3.6 SAT MEN 20N 160 3001 300 OVE 2000 OVE ZOWE 3.6 36 36 361 360 200 3. 3.000 36 36 12 . WSVO NISO NI NENO SLOVO TE LOVE ve WE WE CE ME EVE DE RE VE OVE OVE LOVE YE VE DE HOTE VE WE BE VE UE OC 36 3.00 36 16 3.00 3632 3 30 36 NE VE BEN 36 30 1600 3.67 WOVE SOM 361 30 WE E WE 34632 3.6 3.01 303 3637 361 36 300 ZESE KE 3,60 Sor 3.67 3.00 3.61 -29 222 223 RS ** 3 2.00 30 LEVE 361 VE 16 VE Here 19 160 POVE LOVE YE 3637 303 03 VE OVE WE LOVE 36 361 WE E VE OVE DUVE CE VE OVE 30 3AM 361 OVE WE COME ZE OVE CE 3.6 TE OE WE 13 LOVE UE LE KVE VE TA WE WE HE 303 30 WE RE E 1 BEN ENE 36 BE EVE OVE E OVE VIE TE OVE WE 9 360 361 CV 16 HE BE VE E 361 1630 TA 303 TAN ICE BE VE CE 361 HE FEE E WIVE 361 BE a VE BA 30 WE UE WO $1,700 $1867 $3.556 $3.903 le

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