Supplemental income and loss

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Reference no: EM13960146

Need help filling out schedule e supplemental income and loss. The Joneses own a small four-unit rental. The rental was purchased and placed in service on july 1, 2002 and was rented for the entire year. The following income and expense information relates to the rental activity.

Rental income $24,000

Real estate taxes 2,000

Utilities 1,500

Mortgage interest 3,800

Depreciation 7,200

Repairs and maintenance 1,300

Reference no: EM13960146

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