Multiple Select Question

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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 direct rental expenses such as advertising are fully deductible.

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

All rental income is included in gross income.

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

All rental deductions are limited to gross rental revenue.

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