Which of the following statements is NOT true about vacation home properties? Property rented for 15 days or more and used for personal use for 14 days or less would be categorized as primarily rental. A property rented for 15 days or more and used for personal use for more than 14 days would be categorized as personal/rental. A property categorized as primarily personal is rented for 0 days. A primarily personal property does not need to report the income from the property. Reggie and Bebe own an apartment building in Portland, Oregon, with 8 identical units. They live in one and rent the remaining units. Their rental income for the year was $45,000. They incurred the following expenses for the entire building: What amount of net income should Reggie and Bebe report for the current year for this rental? (Round your answer to the nearest whole dollar) $7, 650 $12, 213 $38, 350 $45,000