Marlene Is a Single Taxpayer with an Adjusted Gross Income

question 81

Multiple Choice

Marlene is a single taxpayer with an adjusted gross income of $140,000.In addition to her personal residence,Marlene owns a ski cabin in Vail.She uses the cabin for 40 days during the current year and rents it out to unrelated parties for 80 days,receiving rent of $10,000.Marlene's costs before any allocation related to the cabin are as follows:
$\begin{array}{lr}\text { Mortgage interest and property taxes } & \$ 9,000 \\\text { Utilities, maintenance, and repairs } & 4,500 \\\text { Depreciation } & 6,000\end{array}$
Based on the above information,what is her allowable depreciation deduction?

• A)$ - 0 -
• B)$1,000
• C)$3,000
• D)$4,000
• E)$6,000