The two methods that may be used to allocate expenses between personal and rental use of properties are the IRS method and the Tax Court method.

Name: The two methods that may be used to allocate expenses between personal and rental use of properties are the IRS method and the Tax Court method.
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The statement is true. The IRS method and the Tax Court method are the two methods that may be used to allocate expenses between personal and rental use of properties according to IRS guidelines.

The Two Methods That May Be Used to Allocate Expenses