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Robyn rents her beach house for 60 days and uses it for personal use for 30 days during the year. The rental income is $6,000 and the expenses are as follows: Mortgage interest $9,000 Real estate taxes 3,000 Utilities 2,000 Maintenance 1,000 Insurance 500 Depreciation (rental part) 4,000 Using the IRS approach, total expenses that Robyn can deduct on her tax return associated with the beach house are:

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Answer:

$12,000

Explanation:

Calculation to determine the total expenses that Robyn can deduct on her tax return associated with the beach house are:

Mortgage interest $9,000

Add Real estate taxes 3,000

Total Expense $12,000

($9,000+$3,000)

Therefore the total expenses that Robyn can deduct on her tax return associated with the beach house are:$12,000

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