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(Solved): Which of the following describes the IRS method of allocating expenses between rental use and person ...



Which of the following describes the IRS method of allocating expenses between rental use and personat wee during

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All rental expenses are allocated as a percentage of rental-use days to total days owned. All rental expenses are allocated as a percentage of rental-use days to total days used Mortgage interest, real estate taxes, and allowed casualty losses are allocated as a percentane of centabuec diyn to buth) Only mortgage interest, real estate taxes, and allowed casualty losses may be allocated as a percentage of finthyshathy

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