John Henderson purchased a condo on Hilton Head Island on January 4, 2012. He personally used the condo from May 7, 2012 until May 28, 2012. Because John rented the condo out for 112 days in 2012, he qualiﬁes to deduct all the available rental expenses.

Question

Quizplus · Accepted Answer

Excessive personal use is measured by the greater of 14 days or 10 percent of the number of rental days.

John Henderson Purchased a Condo on Hilton Head Island on January