pkwags
Returning Member

Can I use both de minimus safe harbor for HO improvement and the square foot safe harbor in the same year?

If I choose the HO $5/sq ft safe harbor, am I unable to use the de minimus safe harbor for deducting my HO percentage of home improvements as expenses?  If the de minimus safe harbor deduction is more than the $5/sq ft safe harbor, is it better to take it, eliminating depreciation recovery upon sale of home, and simply list  the other HO deductions?