Discussion:Assisted living/ business use of home
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Discussion Forum Index --> Advanced Tax Questions --> Assisted living/ business use of home
Discussion Forum Index --> Tax Questions --> Assisted living/ business use of home
Marty's mobile tax (talk|edits) said: | 24 March 2008 |
| I have a client who operates an assisted living business in her home. Her clients have use to nearly the whole home and live there 24/7. Does this qualify as business use of home to the extent nearly all of her expences can be deducted? | |
| 24 March 2008 | |
| Expenses related to heme can be proportionate in between area used for business and for residential by comleted the Form 8829. | |
TheTinCook (talk|edits) said: | 24 March 2008 |
| No deduction for common areas though. | |
| 24 March 2008 | |
| I have a client that started an adult family care home for seniors and mentally impaired. I called the IRS and they told me that if they had a license and approval for the home under state law, I should follow Pub. 587 for Daycare Providers which includes common areas. | |
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