Question: Clint, a self-employed engineering consultant, is contemplating purchasing an old building for renovation. After the work is completed, Clint plans to rent out two thirds

Clint, a self-employed engineering consultant, is contemplating purchasing an old building for renovation. After the work is completed, Clint plans to rent out two thirds of the floor space to businesses; he would live and work in the remaining portion.
Identify the relevant tax issues for Clint.

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