If I bought a house with my business but did not use it for personal use, can I deduct the utilities?
I bought a house to fix up and resale. This house is not used for personal use at all. Can I deduct the utilities?
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1 Replies
JamesG1
Expert Alumni
Apr 13, 2025 6:23:27 AM
If you purchase a home to repair and sell and do not use it for personal use, Utilities would be a common and ordinary expense of doing business. The expense may be deducted.