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Loren, Attorney
Category: Business Law
Satisfied Customers: 33507
Experience:  30 years experience representing clients .
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can I use my apartment as a tax write off for my home based

Customer Question

can I use my apartment as a tax write off for my home based business of party rentals? all the the rentals (caracter mascots and inflatables) will be stored and shipped from my 1 bedroom apartment
Submitted: 6 years ago.
Category: Business Law
Expert:  Loren replied 6 years ago.
Business owners who use their home as a business location are entitled to a tax deduction. But the office space must be used exclusively and regularly for business. A specific area that incurs “exclusive use” means it is used only for business purposes. For an area to have “regular use” it must not have only incidental or occasional business use.