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Robert Smith rented his vacation home for 180 days. He lived in the home for 15 days. The gross rental income from the home was

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Robert Smith rented his vacation home for 180 days. He lived in the home for 15 days. The gross rental income from the home was $9,500. For the entire year, Robert paid the following additional amounts relating to the vacation home: real estate taxes, $1,100; mortgage interest, $6,300; Utilities and maintenance, $2,700. Depreciation expense on the entire home would be $4,000. Assume that Robert uses the Tax Court Method 1. Compute the amount of rental revenue and expenses relating to the vacation home. 2. Round all computations to the nearest whole dollar. 3. (ex. $345.47 = 345: $345.51 - $346) Rental Revenue Real Estate Taxes Mortgage Interest Utilities and Maintenance Depreciation

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