Discussion:Business use of home -eligible items to include
From TaxAlmanac, A Free Online Resource
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
Discussion Forum Index --> Advanced Tax Questions --> Business use of home -eligible items to include
Discussion Forum Index --> Tax Questions --> Business use of home -eligible items to include
| 15 June 2008 | |
| I have always been of the opinion that only items related to the building itself would be eligible for allocation for business use of home. (mortgage interest, repairs , utilities, etc ) This seems to be supported by Code Sec 280 (A ). However at a recent seminar I attended the instructor indicated lawn maintenance , pool service, and even Homeowner Association fees are includible items . These are not related to the structure and IRS 2005-54 specifically states lawn maintenance is not allowable. Any thoughts .... I cannot find a Treasury Reg on this subject. | |
Death&Taxes (talk|edits) said: | 15 June 2008 |
| Assuming that the office is also a place to meet clients, have the auditor call at your client's home office with grass knee-deep and see if he thinks gardening is not essential. "Oh, sir, watch out for that poison ivy near the front step, and don't disturb the snakes." So perhaps the answer is 'it depends.' Depends partly on the auditor and partly on the money involved. | |
To join in on this discussion, you must first
log in.
