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Hi. Great Question. I can help you. What are your expenses? Thanks.
Thank you. Do you have a separate area in your home for a home office? Do you have a Schedule C you fill out?
If you are working the S-Corp from your home, you could take part of the expense on your S-Corp return, which lowers your liability. Is your rental property separate from your S-Corp. What is the line of business for the S-Corp.
If you have items from the home office for the rental property - such as a computer, etc., I would take that off/depreciate, on your Schedule E.
If you are using the home office for your S-Corp, as well - I would take a portion of those expenses, which would go directly on your S-Corp return.
It would only be a portion of your home - so, the difference between your total property taxes, for instance, and the property tax you apportion to your home office, would be placed on your itemized deductions, Schedule A.
Let me know if you have any questions.