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Bike Desk Business Expense?

Last year I purchase a road bike for $5,000, a stationary trainer and desk so I can ride and work at same time. 

The bike is stored in my home office full time and I work for 2 hours a day, five days a week while riding. I take it out a few times a month on weekends. 

 

Would the bike, desk and stationary trainer count as office furniture and qualify as business expenses? 

 

Background:

I am fully self employed and qualify for the home office expense. I typically don't have a ton of business expenses.

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1 Reply
AliciaP1
Expert Alumni

Bike Desk Business Expense?

Qualified business expenses need to be ordinary and necessary to the operation of the business to be deducted for tax purposes.

 

See What self-employed expenses can I deduct? for more specifics.

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