Gregory purchased a vacation house on June 1,2016. During the year he spent 25 days...
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Accounting
Gregory purchased a vacation house on June 1,2016. During the year he spent 25 days there, and rented it at a fair rental value for 125 days. The house was vacant for the remainder of the year. Using the tax court method, what is the applicable percentage for expensing that may be deducted on his schedule E?
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