Answer problem 49: How would your answer to problem 48 differ if Anna had rented the house for 87 days and had used it personally for 13 days

48. LO.3 During the year (not a leap year), Anna rented her vacation home for 30 days, used it personally for 20 days, and left it vacant for 315 days. She had the fol lowing income and expenses: Rent income Expenses $ 7,000 Real estate taxes Interest on mortgage Utilities Repairs Roof replacement (a capital expenditure Depreciation 2,500 9,000 2,400 1,000 12,000 7,500 a. Compute Anna's net rent income or loss and the amounts she can itemize on her tax return, using the court's approach to allocating property taxes and interest. How would your answer in part (a) differ using the IRS's method of allocating property taxes and interest? b. 49. LO.3 How 0.3 How would your answer to Pr would your answer to Problem 48 differ if Anna had rented the house for 87 days and had used it personally for 13 days