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Updated about 7 years ago on . Most recent reply

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266
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Guy Yoes
  • Rental Property Investor
  • Springfield, Mo
311
Votes |
266
Posts

Can I claim a home office?

Guy Yoes
  • Rental Property Investor
  • Springfield, Mo
Posted

We have 3 properties in an LLC and use a room in our house for all our REI issues. We use our computer to list, advertise and contact our renters. We use a file cabinet for hard copies and have a dedicated phone line just for faxes. I had been told that I cannot deduct mileage from my home to my rentals (I drive by weekly) as it was not from my place of business. I appreciate any comments or suggestions.

Most Popular Reply

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Daniel Hyman
  • CPA
  • Milwaukee, WI
1,602
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2,071
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Daniel Hyman
  • CPA
  • Milwaukee, WI
Replied

@Guy Yoes

If the room in your house is your principal place of business (and it sounds like that is the case), then traveling to check on the rentals is a legitimate deduction.

  • Daniel Hyman
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