http://www.realestate-school.com/news/2006/01/17/home-office-tax-deductions/ News and Tips brought to you by The Real Estate School, Inc. Tue, 06 Jan 2009 07:35:01 +0000 http://wordpress.org/?v=2.1 http://www.realestate-school.com/news/2006/01/17/home-office-tax-deductions/#comment-7 Thomas Stone Mon, 13 Feb 2006 21:22:43 +0000 http://www.realestate-school.com/news/2006/01/17/home-office-tax-deductions/#comment-7 Thanks of the tip. My question is this: Since my home office is NOT deductable since the principal base of opperations for my real estate business is in the Marketing Center of the Borkerage for whom I am an sales associate agent/partner, are my electronics, the laptop, pc, cellphone, datadevice, etc, deductable and to what extent or percentage can I claim them as deductions Thanks twstone Thanks of the tip. My question is this:
Since my home office is NOT deductable since the principal base of opperations for my real estate business is in the Marketing Center of the Borkerage for whom I am an sales associate agent/partner, are my electronics, the laptop, pc, cellphone, datadevice, etc, deductable and to what extent or percentage can I claim them as deductions
Thanks twstone

]]> http://www.realestate-school.com/news/2006/01/17/home-office-tax-deductions/#comment-8 brett Mon, 13 Feb 2006 21:48:24 +0000 http://www.realestate-school.com/news/2006/01/17/home-office-tax-deductions/#comment-8 We cannot give you an official answer because we are not CPAs, however, the law basically says that if you are going to deduct equipment it must be used 100% for work only. If the equipment is used for anything other than work, then it is not deductible. We advise you to speak with your accountant for a more thorough explanation. If you have additional questions, please post them in the <a href="http://www.realestate-school.com/forum" rel="nofollow">Real Estate School Forum</a>, as newletter comments are generally used for messages that don't require a reply. By posting your comments in the forum you will be automatically notified when someone replies to your question, whereas this blog will not notify you of responses. We cannot give you an official answer because we are not CPAs, however, the law basically says that if you are going to deduct equipment it must be used 100% for work only. If the equipment is used for anything other than work, then it is not deductible. We advise you to speak with your accountant for a more thorough explanation. If you have additional questions, please post them in the Real Estate School Forum, as newletter comments are generally used for messages that don’t require a reply. By posting your comments in the forum you will be automatically notified when someone replies to your question, whereas this blog will not notify you of responses.

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