ACC 401 ASSIST Start With a Dream /acc401assist.com ACC 401 ASSIST Start With a Dream /acc401assist.co | Page 20

35. In the current year, Sandra rented her vacation home for 75 days,
used it for personal use for 22 days, and left it vacant for the
remainder of the year. Her income and expenses are as follows:
What is Sandra’s net income or loss from the activity? Use the tax
court method.
---------------------------------------------------------------------
ACC 401 Week 3 Quiz (UOP)
FOR MORE CLASSES VISIT
www.acc401assist.com
QUIZ 3
1) Which one of the following is Section 1231 property?
2) Which of the following expense items is (are) deductible as rental
expense?