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Get your taxes done using TurboTax
Thank you very much. Very helpful indeed. Well it's actually more complicated than that I think or * am making it complicated. We use a separate room in our house whiich is residential for the office space which about 400 square ft(office) out of the house total of 3000 square ft(house total squ ft). and the house sits on residential and agricultural. It's still pending rezoning. Due to COVID and inspections delaying it. But the cottage sits on the residential side now. But it is used as a business for rentals. And We have timeshare rentals we rent out. I hope that makes sense. Last year it was Myrtle Beach and we paid on the taxes, mortgage, and maintenance fees for it. Plus rented it out. We have them all over the united states and over seas. Trying to learn how I can do that with house my business intitey is now. I am looking for a tax consultant. On how to restructure my business. I appreciate all the advice and help everyone has given and gives. Thank you.