kelvin owns and lives in a duplex. he rents the other unit for $800 per...
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Kelvin owns and lives in a duplex. He rents the other unit for $800 per month. He incurs the following expenses during the current year for the entire property: Mortgage interest $ 7,750 Property taxes 2,200 Utilities 1,840 Fixed light fixture in rental unit 120 Fixed dishwasher in personal unit 300 Painted entire exterior 1,220 Insurance 2,400 Depreciation (entire structure) 6,900
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