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I also wanted to know about taking mortgage interest deduction. The mortgage is in my name, not the LLC's.
@SF2323 the purchase does not go on your taxes. The mortgage and real estate tax can be part of your itemized expenses.
Home Office: if you are W-2 employee, then definately not. If a 1099-NEC, please explain more.
Thanks so much for replying, and sorry I wasn't clear about that. In this case, I am asking as someone who is self employed and normally calculates the home office deduction on TurboTax. In my old apartment that I owned, the home office deduction would include a portion of my home's depreciation and a portion of the mortgage interest I paid. I just wanted to make sure it would be the same in a new home that was purchased as an LLC.
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