FOR tax and license expenses, part of our house hosts our business. do I take 3.90% from the house property tax to deduct.

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If you are using 3.90% of your house as a qualified home office, then yes, you would deduct 3.90% of your property taxes as a home office expense. Same with insurance and any other full house expenses.

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My son lives in my 2nd home year round and pays the mortgage which is a lot less than fair rental prices. Do I report it as income or is this a case of cost sharing with a close family member?

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FOR tax and license expenses, part of our house hosts our business. do I take 3.90% from the house property tax to deduct.

FOR tax and license expenses, part of our house hosts our business. do I take 3.90% from the house property tax to deduct.

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FOR tax and license expenses, part of our house hosts our business. do I take 3.90% from the house property tax to deduct.

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FOR tax and license expenses, part of our house hosts our business. do I take 3.90% from the house property tax to deduct.

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