Multiple Select Question

Select all that apply

Which of the following statements are CORRECT when referring to a home that qualifies as a residence with significant rental use?

The taxpayer uses the home personally for more than the greater of $14$ days or $20\%$ of the days rented.

All rental income is included in gross income.

$100\%$ of the interest and taxes on the property are deducted as itemized deductions.

All direct rental expenses such as advertising are fully deductible.

All rental deductions are limited to gross rental revenue.

The taxpayer rents the home for $15$ days or more.