Business, 27.11.2019 05:31 goofy44

May owns a four-plex in garden grove, ca. she rents out 3 units and lives in the fourth. her income and expenses for the entire four-plex are as follows: mortgage interest $8,200, property taxes $9,000, insurance $3,000, utilities $2,000, repairs and maintenance $1,000, depreciation on the entire complex of $5,000, and rental income of $25,000. what amount of net rental income or loss should may report on her current tax return?

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May owns a four-plex in garden grove, ca. she rents out 3 units and lives in the fourth. her income...

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