Hello,
We run a Garden Nursery business out of our backyard. The greenhouse is a separate structure on our primary residence. My understanding is that I can deduct a portion of the property tax and utilities that used for the business.
Regarding property tax. Let's say my total property tax for 2023 was $10,000. if I use 1/5 of the land for Nursery etc, I'm assuming I can use $2000 as a business deduction. But do I only enter in $8000 for the property tax paid when it comes to the section where i enter in property tax for our primary residence?
thx, duc
