Question
Which of the following describes the IRS allocating expensed between rental use and personal use during the tax year? All rental expenses are allocated as
Which of the following describes the IRS allocating expensed between rental use and personal use during the tax year?
All rental expenses are allocated as a precentage of rental-use days to total days owned
All rental expenses are allocated as a precentage of rental-use days to total days used
Mortage interest, real estate taxes, and allowed casualty losses are allocated as a precentage of rental-use days to total days owned
Mortage interest, real estate taxes, and allowed casualty losses are allocated as a precentage of rental-use days to total days used
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