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Credits for Home Office or not?
A % of my Home maintenance expenses have been deducted each year as Home Office. The Home office (one bedroom) is on the premises of my condo (same building) in which I have my primary residence. When I decide to sell the condo eventually, what are my tax consequences on capital gain of the condo sale? If I want to avoid the tax consequences (if any), for how long should I NOT deduct my home maintenance expenses as home office expenses?
May 22, 2024
2:18 PM