Business, 25.10.2019 02:43 rubieceleste548
Mackensie owns a condominium in the rocky mountains. during the year, mackensie uses the condo a total of 23 days. the condo is also rented to tourists for a total of 77 days and generates rental income of $10,900. mackensie incurs the following expenses in the condo: expense amountmortgage interest $ 5,000property taxes 3,500utilities 2,500insurance 1,800depreciation 11,000using the court's method of allocating expenses, the amount of depreciation that mackensie may take with respect to the rental property will be
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Mackensie owns a condominium in the rocky mountains. during the year, mackensie uses the condo a tot...
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