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Several years ago, Junior acquired a home that he vacationed in part of the time and rented out part of the time. During the current
Several years ago, Junior acquired a home that he vacationed in part of the time and rented out part of the time. During the current year Junior:
- Personally stayed in the home for 35 days.
- Rented it to his favorite brother at a discount for 24 days.
- Rented it to his least favorite brother for seventeen days at the full market rate.
- Rented it to his friend at a discounted rate for nine days.
- Rented the home to third parties for 70 days at the market rate.
- Did repair and maintenance work on the home for three days.
- Marketed the property and made it available for rent 184 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 rental use did Junior experience on the property during the year?
Days of personal use? Days of rental use?
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