Girardo Owns a Condominium in Key West

question 48

Multiple Choice

Girardo owns a condominium in Key West. During the year, Girardo uses the condo a total of 22 days. The condo is also rented to vacationers for a total of 78 days and generates rental income of $24,000. Girardo incurs the following expenses before allocation: The amount of depreciation that Girardo may deduct with respect to the rental property is

• A) $ 7,300
• B) $ 9,960
• C) $14,040
• D) $17,160
• E) $22,000

---

Definitions:

Volatile-rich Eruptions

Volatile-rich eruptions refer to volcanic eruptions that expel a high amount of volatile compounds, such as water vapor and gases, leading to explosive phenomena.

High-viscosity

Describes a fluid that is thick and resistant to flow, often characteristic of some types of lava.

Lava Tube

A long, tubular opening under the crust of solidified lava and representing an active or partially emptied subsurface channel of lava.

Tube-shaped Cave

A type of cave formed primarily by the underground channeling of water, often characterized by long, narrow passageways.