Question: Destiny lives in Eugene, OR . She bought a condo in a high - rise building in Nevada with a gorgeous view of Lake Tahoe.
Destiny lives in Eugene, OR She bought a condo in a highrise building in Nevada with a gorgeous view of Lake Tahoe. She uses the condo for a fuil week every other month days assume not a leap year The rental income is $ She has the following annual expenses: mortgage interost $ property tax $ repairs and maintent meals out with friends $ and gambling expense $ What does Destiny report on her Schedule E
a $ net loss
b $ net income
c $ net loss
d $ income or loss
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