Marlene is a single taxpayer with an adjusted gross income of $140,000.In addition to her personal residence,Marlene owns a ski cabin in Vail.She uses the cabin for 40 days during the current year and rents it out to unrelated parties for 80 days,receiving rent of $10,000.Marlene's costs before any allocation related to the cabin are as follows:

Based on the above information,what is her allowable depreciation deduction?
A)$- 0 -
B)$1,000
C)$3,000
D)$4,000
E)$6,000

Question

Marlene is a single taxpayer with an adjusted gross income of $140,000.In addition to her personal residence,Marlene owns a ski cabin in Vail.She uses the cabin for 40 days during the current year and rents it out to unrelated parties for 80 days,receiving rent of $10,000.Marlene's costs before any allocation related to the cabin are as follows:
​

Based on the above information,what is her allowable depreciation deduction?
A)$- 0 - 
B)$1,000 
C)$3,000 
D)$4,000 
E)$6,000

Quizplus · Accepted Answer

The Answer of Marlene is a single taxpayer with an adjusted gross income of $140,000.In addition to her personal residence,Marlene owns a ski cabin in Vail.She uses the cabin for 40 days during the current year and rents it out to unrelated parties for 80 days,receiving rent of $10,000.Marlene's costs before any allocation related to the cabin are as follows:
​

Based on the above information,what is her allowable depreciation deduction?
A)$- 0 - 
B)$1,000 
C)$3,000 
D)$4,000 
E)$6,000

Marlene Is a Single Taxpayer with an Adjusted Gross Income