MacenParisi
04.10.2019 •
Business
Mr. smith, a cash-basis, calendar-year taxpayer, owns a duplex. he lives in one unit and rents the other unit to an unrelated individual. the two units are approximately equal in size. on july 1, year 1, mr. smith paid the property insurance on the duplex for the 3-year period july 1, year 1, through june 30, year 4. the total premium was $360. for year 1, mr. smith’s rental expense for this insurance policy isa. $30
b. $60
c. $120
d. $360
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Ответ:
Mr. Smith’s rental expense for this insurance policy is
A. $30
Explanation:
Premiun360
N3
year120
From July to December60
Duplex insurance e/one30
Ответ:
the signals do not affect the commute time.