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Business, 03.06.2021 19:10 wendyyy1214
Mr. Moyer owns residential rental property. This year, he received $7,000 revenue from the tenants and incurred $4,900 rental expenses. Mr. Moyer must include $7,000 in gross income and is allowed $4,900 of itemized deductions for the expenses.
a. True
b. False
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Mr. Moyer owns residential rental property. This year, he received $7,000 revenue from the tenants a...
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