Question: Melissa ( single , age 6 6 ) has a beach house which she rents out for 1 2 0 days out of the year.
Melissa single age has a beach house which she rents out for days out of the year. She also stays in the house herself for days every year. Melissa still works and earns $ a year. She also made $ from renting out the beach house this year. Expenses related to the beach house are as follows:
Mortgage interest $
Property taxes $
Utilities $
Maintenance $
Insurance $
Depreciation $
Given only the information in this problem, calculate the amounts and types of deductions available to Melissa from the beach house and Melissas taxable income for
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