Question
Several years ago, junior acquired a home that he vacated in part of the time and rented out part of the time. During the current
Several years ago, junior acquired a home that he vacated in part of the time and rented out part of the time. During the current year Junior :
(A) Personally stayed in the home for 17 days. (b) rented it to his favorite brother at a discount for 23 days. (c) rented it to his least favorite brother for nine years at full market rate. (d) rented it to his friend at a discounted rate for 10 days. (e) rented the home to their parties for 50 days at the market rate. (F) Did repairs and maintenance work on the home for three days. (g) marketed the property and made it available for rent 204 days (but not actually rented out) during the year (in addition to the days mentioned above)
How many days of personal use and how many days of renta use did Junior experience on the property during the year.
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