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Deductions & credits
Thanks Coleen. The garage is a completely separate structure, detached entirely from the main house. Above it is a small 1 bedroom apartment I’m using as my office. Are you saying that because the office touches the garage, it’s not considered a “separate structure home office”?
The capital gains exclusion is what I’m worried about. You cannot exclude capital gains on the portion of the sale that is a separate structure home office. I’d rather consider the office as part of the main home and not worry about that exclusion rule.
Perhaps I’ve been thinking about it wrong, since it technically is attached to a detached garage, and the garage is our regular garage we use every day?
March 25, 2022
7:50 AM