jacqueline owns a condominium on an island in washington that was rented out all year for $30,000. she incurred the following expenses: mortgage interest $ 1,300 property taxes 800 insurance 1,500 utilities 1,800 repairs 300 depreciation 4,000 what amount of net income or loss does jacqueline report from this rental property?

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04-11-2022
Business

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jacqueline owns a condominium on an island in washington that was rented out all year for $30,000. she incurred the following expenses: mortgage interest $ 1,300 property taxes 800 insurance 1,500 utilities 1,800 repairs 300 depreciation 4,000 what amount of net income or loss does jacqueline report from this rental property?

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