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New Member
posted Mar 9, 2024 1:52:20 PM

I built a house and included an area that I use exclusively for business. Can I deduct the cost of building that part of the home for the office?

This is part of a partnership that doesn't get reimbursed by the partnership for any of the building cost

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1 Replies
Expert Alumni
Mar 11, 2024 7:33:41 AM

Yes, you can depreciate that part of the home that you use for business. You cannot claim a deduction for full cost of constructing that area of your home but the can depreciate it over a period of 39 years. Please read Publication 587 and read the section entitled Depreciating Your Home.