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Robyn rents her beach house for 80 days and uses it for personal use for 20 days during the year. The rental income is
Robyn rents her beach house for 80 days and uses it for personal use for 20 days during the year. The rental income is $10,000 and the expenses are below. Calculate Robyn's rental and personal expenses for the year using the IRS method. Expense By Tier Allocation Allocated to rental Allocated to Total Itemized Deduction use personal use Percentages (XX%) Mortgage $ Interest 4,000 Real Estate $ Taxes 3,000
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