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)

Question

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)

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The Answer of 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)

Nathan Owns a Tri-Plex in Santa Maria, California