Need help filling out schedule e supplemental income and loss. The Joneses own a small four-unit rental. The rental was purchased and placed in service on july 1, 2002 and was rented for the entire year. The following income and expense information relates to the rental activity.
Rental income $24,000
Real estate taxes 2,000
Utilities 1,500
Mortgage interest 3,800
Depreciation 7,200
Repairs and maintenance 1,300