You'll need to sign in or create an account to connect with an expert.
Yes, you can deduct 1/2 of your garage if the plants are your inventory for your business. Since it is used for storage, the regular/exclusive use and principal place of business rules do not apply; storing qualifies as an exception to these rules.
Yes, you can deduct 1/2 of your garage if the plants are your inventory for your business. Since it is used for storage, the regular/exclusive use and principal place of business rules do not apply; storing qualifies as an exception to these rules.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
4Runner72
New Member
dltaggart
New Member
sheffieldk
New Member
Sushinie
Level 1
whytgrg
New Member