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Robyn rents her beach house for 60 days and uses it for personal use for 30 days during the year. The rental income is $6,000
Robyn rents her beach house for 60 days and uses it for personal use for 30 days during the year. The rental income is $6,000 and the expenses are as follows:
Mortgage Interest | 9000 |
Real Estate Taxes | 3000 |
Utilities | 2000 |
Maintenance | 1000 |
Insurance | 5000 |
Depreciation (Rental Part) | 4000 |
Using IRS appraoch, the total expenses she can deduct on her tax return associated with the beach house is?
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