Your client, Milli Vanilli, has come to you in November with some questions regarding a vacation rental and you have tasked your intern to develop a spreadsheet for some of the monetary information to help aid in you decision.

The spreadsheet assumes that, near the end of the year, the vacation home owner has rented the property for 260 days and has used the property for personal reasons a total of 26 days. Thus, one more personal day will invoke the Sec. 280A vacation home limitations however; such a scenario will permit the taxpayer to deduct the allocated personal interest as well.

1 The saved version of the spreadsheet currently assumes that the total annual interest expense related to the property is $6,875. Based on this assumption, should your client use the property one additional day for personal reasons?