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Updated over 5 years ago on . Most recent reply

User Stats

30
Posts
2
Votes
Joe R.
  • Investor
  • Cream Ridge, NJ
2
Votes |
30
Posts

New Home purchase-business office tax deductible?

Joe R.
  • Investor
  • Cream Ridge, NJ
Posted

I am purchasing a new home. 5% of the new home will be my business office. Can I take a tax deduction for 5% of the total home purchase price or any portion of the price paid?

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