Ronald owned an aparment building. He paid property insurance of $30,000, fees to a rent collector of $20,000, legal fees to evict a tenant of $10,000,materials of $50,000 to build a new porch, compensation to himself of $150,000 for his time spent building the porch and property taxes of $40,000. He also paid mortgage principal of $50,000 and mortgage interest of $30,000. Excluding capital cost allowance, what amount can Ronald deduct? $380,000 $100,000 $250,000 $130,000