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You can deduct the ordinary and reasonable expenses that you actually incur for rent. That is true whether you pay rent based on a percentage or a fixed amount of rent. As long as you actually pay the rent and actually use it for your business, there is no set limit that you can deduct. So, such a percentage rent that you propose would be an acceptable method as it's a reasonable manner to pay more to cover your downside risk.
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Hi there. I don't see your question as it's under Family Law. But, if it's a family law situation, it would be outside the scope of my expertise. I'm sorry!
This type of a question is not necessarily beyond my ability; rather, it's in a specific area outside the various areas of expertise within which I can respond to question. Because your question is categorized as such, it doesn't even show up on my screen so I have no idea what is involved in your question. I will notify the category moderators for you. Thanks for your patience.
Welcome! My name is Maverick. Please give me a few minutes to analyze and/or research your inquiry and I will be back.
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