True/False

1) Bill, a New York nonresident individual, sends a Picasso painting to the Museum of Modern Art, on a temporary basis, as part of an exhibition. At the Museum, Susie offers Bill $1 million dollars for the art-work, which Bill gladly accepts. The $1 million dollars is NY source income.

2) A NY LLC owned solely by a NY nonresident individual is sold during the tax year. The only asset of the NY LLC is a rental property located in Florida. The gain, if any, recognized on the sale of the NY LLC is NY source income to the NY nonresident individual

3)Income earned by a New York nonresident individual, whose employment home office is in New York for a New York based employer, for days spent in Missouri inspecting his employers rubber factory are New York source income.

4)A taxpayer, a domiciliary of Kentucky, owns an apartment in Queens New York. The taxpayer is in New York for 200 days in 2018. The taxpayer lived in the apartment from January to March of 2018. Thereafter, from April to June, the taxpayer attempted to rent the apartment, finally doing so in June. The taxpayer maintained a key to the apartment and could enter the apartment upon 24 hour notice under the rules outlined in the rental agreement. The Taxpayer is a statutory resident of New York for the 2018 year.