Calculate the amount of each expense that is deductible and, Financial Management

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Calculate the amount of each expense that is deductible and

Ken owns a condo in the great smokies. His rental income was $18,000. Kens personal use days were 40, and rented days totaled 160. Total expenses related to this property are as follows: insurance $1,000; repairs $1,400; mortgage interest $6,000; property taxes $2,000; utilities $1,600; cost recovery $16,000! Calculate the amount of each expense that is deductible and tell where it is deductible on the return (use the IRS APPORAch) please EXPLAIN ?

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Financial Management: Calculate the amount of each expense that is deductible and

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Financial Management: Calculate the amount of each expense that is deductible and

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