DianeC958
Expert Alumni

Deductions & credits

You set up the roof as an asset of the business.

 

Since you already know that the home office is 9% of the overall house then take that amount of the cost of the roof for the depreciation.

 

Step 2: Describe this asset, choices:

1. Computers...

2. Tools, machinery, equipment, furniture

3. Real estate property

4. Intangibles, other property.

 

You should pick #3 Real Estate Property

 

When you get to the question about if it is used 100% for business the answer is yes.

 

More information about Home Office Deduction

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