Article Date:
August 2007


Word Count:
220

 

 

Home Office with More Than One Business


I use my home office for my rental properties and my two businesses. What do I need to think about? (A.P., Hickory, NC)

 

As the court stated in Hamacher,1 each and every business use must meet the requirements for the home office. Should you have a use that fails the exclusive business-use requirement, that one failed use disqualifies your home-office deduction.

 

When you violate the exclusive-use standard, the law precludes the court from granting you the home-office ... Log in to view full article.

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