Natalie owns a condominium near cocoa beach in florida. this year, she incurs the following expenses in connection withher condo: insurance $1,000mortgage interest 3,500property taxes 900repairs & maintenance 650utilities 950depreciation 8,500during the year. natalie rented out the condo for 75 days, receiving $10,000 of gross income. she personally used thecondo for 35 days during her vacation. assume natalie uses the tax court method of allocating expenses to rental use of the property. a. what is the total amount of for agi (rental) deductions natalie may deduct in the current year related to the condo? b. what is the total amount of itemized deductions natalie may deduct in the current year related to the condo? c. if natalie’s basis in the condo at the beginning of the year was $150,000. what is her basis in the condo at the end of theyear?

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65

Which of the following best describes why you need to establish goals for your program?