Where do i put the amount paid on renting an office?

it's a rent to own property. owner has passed away last year.

posted

If there is an official contract where you are paying for the property under a rent-to-own agreement, then this would be considered a purchase and not a rental. If you lost the contract after the death of the original owner, then you may have a rent deduction. This would be listed as rent expense on your business activity. Everything is dependent on how the agreement was drafted. You should seek legal advice for this situation if you lost the right to continue the contract.

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