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Martha, who is single, has a main home in Houston. In the current year, she rented it for 10 days, receiving $5,000 in rental income. Martha paid $20,000 in mortgage interest and $10,000 in real estate taxes on her home in the current year. What is the net effect of these items on her taxable income? - $0 - $30,000 decrease - $5,000 increase - $25,000 decrease - $5,000 decrease
Sagot :
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