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Seo-yeon owns a condominium. In each of the following alternative situations, determine whether the condominium should be treated as a residence or a nonresidence for
Seo-yeon owns a condominium. In each of the following alternative situations, determine whether the condominium should be treated as a residence or a nonresidence for tax purposes. Required: a. Seo-yeon llves in the condo for 33 days and rents it out for 28 days. b. Seo-yeon lives in the condo for 13 days and rents it out for 28 days. c. Seo-yeon lives in the condo for 78 days and rents it out for 116 days. d. Seo-yeon lives in the condo for 28 days and rents it out for 326 days
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