
When determining the number of days a taxpayer has rented out a home during the year, any day when the home is available for rent but not actually rented out counts as a day of personal use.
Correct Answer:
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Q3: A taxpayer who rents out a home
Q4: A taxpayer may be required to include
Q5: At most, a taxpayer is allowed to
Q6: Jacoby purchased a home in 2016 for $1,500,000
Q7: A taxpayer who sells a principal residence
Q9: To be allowed to exclude gain on
Q10: For tax purposes a dwelling unit is
Q11: A personal residence is not a capital
Q12: A taxpayer who otherwise meets the ownership
Q13: A married couple filing a joint tax
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