topic property in Deductions & credits

property

Tori13 — Wed, 17 Jul 2019 16:48:43 GMT

I rent a space in an office suite. Why does my tax return has it as i rent the entire building?

Re: property

Critter — Wed, 17 Jul 2019 18:41:52 GMT

You rent 100% of the space you use ... no where does it say it is 100% of the total building it is in ... and do not enter the office as an asset since you cannot depreciate it.

Re: property

Critter — Wed, 17 Jul 2019 18:42:38 GMT

If you are filing a Sch C then you should NOT be using the office in home section at all.

Re: property

Critter — Thu, 18 Jul 2019 14:00:30 GMT

If you are filing a Sch C then you should NOT be using the office in home section at all.