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Susie is the owner of an extended stay facility. The facility has 50 rooms available for rent. She does not want to file more than

Susie is the owner of an extended stay facility. The facility has 50 rooms available for rent. She does not want to file more than one tax return. She must report her rental income on which of the following forms?

a) Schedule E

b) Schedule C

c) Form 1120 (the business must become incorporated)

d) The owner can choose to report income on Schedule C or Schedule E

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