35. This question will test your ability to research a tax issue and reach a conclusion. Jordan, who lives in Louisville, rented out his personal residence during 2021 for Derby weekend (four days) and received $8,000 from the renters. Jordan did not rent his residence for any other days in 2021. Jordan spent $200 in cleaning fees to get his house is good shape for guests. Jordan asks you if the $8,000 is taxable for federal tax purposes. What do you tell him?

a. The entire $8,000 is taxable.

b. The entire $8,000 is taxable, however, Jordan can also deduct the cleaning fees.

c. None of the $8,000 is taxable and no deduction is allowed for the cleaning fees.

d. None of the $8,000 is taxable but Jordan is allowed to deduct the cleaning fees.