A trustee incurs several expenditures which are listed below. Which expenditures are deductible and why?

a. As part of the trust corpus, a trust owns title to a personal residence in which one of the trust beneficiary resides rent-free. The trust pays $5,000 seasonally for landscape costs.

b. As part of the trust corpus, a trust owns title to a personal residence in which one of the trust beneficiaries resides and pays fair-market value rent. The trust pays weekly $5,000 weekly for landscape costs.

c. The trust pays $5,000 in legal fees to an attorney to secure a new rental building.

d. The trust pays $5,000 in income commissions to the trustee.

e. The trust pays $5,000 in corpus commissions to the trustee.

f. The trust pays $5,000 to a brokerage house as part of the latter’s investment advisory fee.

g. The trustee pays $5,000 to an appraisal firm to value a piece of real estate that it plans to distribute.

h. The trustee pays $5,000 to an appraisal firm to value a piece of

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The detailed answer for the above question is provided below d The trust pays 5000 i... View the full answer