Nathan owns a tri-plex in Santa Maria,California.He lives in one and rents the other two remaining units.All three units are identical.He incurred the following expenses for the entire building:
How much in rental expenses can Nathan deduct against the rental income on a Schedule E in the current year without considering any passive loss limitations) ? Round your answers to the nearest whole dollar)
A) $44,200
B) $14,733
C) $20,000
D) $29,467
Correct Answer:
Verified
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