Tommy and Tina own a house in Platteville that they rent to students for $1,500 per month. They incur the following expenses for the year: Real estate taxes $4,000 Mortgage interest 76,200 Repairs 600 Depreciation 3,000 What is the Net rental income or loss (Schedule E)? (Not sure if you need this information) They have a house in Platteville, and they had the following expenses (they owe $270,000 loan on it): Mortgage interest paid $13,500 Property tax paid on home 7,200