How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Merlo Your Own Question
Merlo, Accountant
Category: Tax
Satisfied Customers: 9783
Experience:  25+ years tax consulting. Specializing in returns for US citizens living abroad
Type Your Tax Question Here...
Merlo is online now
A new question is answered every 9 seconds

If i have a home business, how will it effect my property taxes,

Resolved Question:

If i have a home business, how will it effect my property taxes, and will the tax assessor need to know?
Submitted: 8 years ago.
Category: Tax
Expert:  Merlo replied 8 years ago.
When you say you have a home business, do you mean that you just work from home and use a portion of your home as your office?

Customer: replied 8 years ago.
Yes, I use a portion of the downstairs for an office. I do not have clients over to my house.
Expert:  Merlo replied 8 years ago.

Using a portion of your home as an office would have no effect on your property taxes. The only way your property taxes would increase is if your home were re-classified as commercial property, and simply having an office in your home would not qualify it to be classified as commercial property.

If this was helpful please press the Accept button. Positive feedback is also appreciated.

Thank you.

Merlo and other Tax Specialists are ready to help you