Article Date:
June 2012


Word Count:
955

 

 

Home-Office Depreciation Deductions Can Beat Recapture and Capital Gains Taxes


Don’t avoid the home-office deduction because of the taxes you fear when you sell the home.

 

First, it’s highly likely that the true tax bite on the sale of your office in the home will be zero or less.

 

Second, you need to avoid the one location that can create more taxes, but if you can’t avoid that location, you can still avoid the tax problem, as we explain.

 

The beating of recapture and capital gains taxes involves the same strategy for home-office deductions claimed by

 

·

proprietorships,

·

employees, and

·

corporations that reimburse employee-owners for the home office as employee business ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee
Clicky