Question: Please Help me complete form 8 9 9 5 ! ! Information regarding Noah and Joan's rental property is reproduced here. Noah and Joan own

Please Help me complete form 8995!!
Information regarding Noah and Joan's rental property is reproduced here. Noah and Joan own a condo and use it as a rental property. The condo is located at 16 Oakwood Ave, Unit A, Dayton, OH 45409. Noah provides the management services for the rental including selection of tenants, maintenance, repairs, rent collection, and other services as needed. On average, Noah spends about two hours per week on the rental activity. The revenue and expenses for the year are as follows: Rental income includes \(\$ 1,200\) per month for two months under the previous lease (which ended February 28,2024). The new lease is \(\$ 1,350\) per month for 10 months under the new lease but the tenant paid only \(\$ 750\) in May 2024 because the tenant paid \(\$ 600\) for repairs to the apartment, and with the Arc's permission, reduced May's rent by \(\$ 600\). The new lease also required the tenant to pay last month's \(\$ 1,350\) rent in February 2024. The home was acquired for \(\$ 100,000\) in 2008. On May 12,2024, the Arcs installed new fixtures (7-year recovery period) at a cost of \(\$ 4,750\). They wish to maximize the cost recovery on the new fixtures but make no elections.
Please Help me complete form 8 9 9 5 ! !

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