Uution 14 TS and Shannon are mamed and he joint return. Their modified oses of $18,000 from rental activities in which the actively t o e unless he rents the vacation house at less than fair market value the number of days he rents the property exceeds 10% of the number of days he persone of all of the rental income received days or more in a ver Question 70 of 75. Manuela began renting her entire main home at fair rental value on May 1, 2008. When she converted the house te ental property, the adjusted basis was $205,000, which included $18,000 of value attributable to the land. The fair market value at the time of conversion was $195,000, including land value of $10.000. In 2019. Manuela received 519.200 rental income from the property. Her expenses for the year included: yard maintenance, $480; repairs, 5850: property nsurance, $2,520; mortgage interest $8,960; real estate tax, $2,750. What is Manuela's loss on the rental property? (53,861) (53.766) Question Question 70 of 75. Manuela began renting her entire main home at fair rental value on May 1, 2008. When she converted the house to rental property, the adiusted basis was $205 000, which included $18,000 of value attributable to the land. The fair market value at the time of conversion was $195,000, including land value of $10.000. In 2019, Manuela received $19.200 in rental income from the property. Her expenses for the year included: yard maintenance, 5480; repairs, $850: property Insurance $2.520. mortgage interest 58.960; real estate tax. $2,750. What is Manuela's loss on the rental property (53.861) ($3.766) (53.693) (53.088) Mark for follow up Uution 14 TS and Shannon are mamed and he joint return. Their modified oses of $18,000 from rental activities in which the actively t o e unless he rents the vacation house at less than fair market value the number of days he rents the property exceeds 10% of the number of days he persone of all of the rental income received days or more in a ver Question 70 of 75. Manuela began renting her entire main home at fair rental value on May 1, 2008. When she converted the house te ental property, the adjusted basis was $205,000, which included $18,000 of value attributable to the land. The fair market value at the time of conversion was $195,000, including land value of $10.000. In 2019. Manuela received 519.200 rental income from the property. Her expenses for the year included: yard maintenance, $480; repairs, 5850: property nsurance, $2,520; mortgage interest $8,960; real estate tax, $2,750. What is Manuela's loss on the rental property? (53,861) (53.766) Question Question 70 of 75. Manuela began renting her entire main home at fair rental value on May 1, 2008. When she converted the house to rental property, the adiusted basis was $205 000, which included $18,000 of value attributable to the land. The fair market value at the time of conversion was $195,000, including land value of $10.000. In 2019, Manuela received $19.200 in rental income from the property. Her expenses for the year included: yard maintenance, 5480; repairs, $850: property Insurance $2.520. mortgage interest 58.960; real estate tax. $2,750. What is Manuela's loss on the rental property (53.861) ($3.766) (53.693) (53.088) Mark for follow up