Question: TB MC Qu . 0 6 - 5 1 ( Static ) Braxton owns a second home that he rents to . . . Braxton
TB MC QuStatic Braxton owns a second home that he rents to
Braxton owns a second home that he rents to others. During the year, he used the second home days for personal use and days for rental
use. After allocating the homerelated expenses between personal use and rental use, which of the following statements regarding the sequence
of deductibility of the expenses allocated to the rental use is correct assume taxpayer has no expenses to obtain tenants
Multiple Choice
Depreciation expense, other expenses, property taxes and interest expense
Other expenses, depreciation expense, property taxes and interest expense
Property taxes and interest expense, depreciation expense, other expenses
Other expenses, property taxes and interest expense, depreciation expense
None of the choices are correct.
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