how do convert my home office in a rental home of 9 yrs, into a home office in purchased home this year?

I have been deducting a home office in a rental home for 9 years, but now own the home as of last year. Do I change the "start of business use" to last year after purchasing (9 yrs ago) and "date purchased" to last year? if so, will this be confusing to the IRS? And could I write a letter explaining why this is?

posted

Connect with an expert

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post