If a residence is rented for 15 days or more and is used for personal purposes for not more than 14 days or 10 percent of the days rented, whichever is greater, no allocation of expenses is required and the taxpayer may claim a deduction for the full amount of the expenses.

False.

Step-by-step explanation:

For a residence whose primary usage is for rental purpose, its expenses must still be allocated between personal and rental days as agreed between the client and the owner

All terms of agreement remains valid and there's no other allocation of expenses that will be required. The taxpayer cannot claim any deduction for the full amount of the expenses.