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