Discussion:Home Office - Home Repairs
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Discussion Forum Index --> Basic Tax Questions --> Home Office - Home Repairs
Discussion Forum Index --> Tax Questions --> Home Office - Home Repairs
| 6 April 2009 | |
| Taxpayer has a home office approximately 15% of the total home. Taxpayer had some major remodeling to the entire house, painting of bedrooms, kitchen remodel and garage roof replacement totaling about $35K. Most of these items were not directly related to the part of the home that is used for the HO. I couldn't really find anything specific on this, but the things I did find talk about direct costs or indirect cost such as a furnace or air conditioner that benefit the entire home. These other costs such as the garage and kitchen, can these type of home remodels be allocated to the HO?
Thank you | |
Chris2lane (talk|edits) said: | April 6, 2009 |
| I would not. For HO, you could depreciate such improvements as roof, siding, alarm system, etc. But, for improvements done to other parts of the house not related to the HO, is a no go. If that's the case, everyone who has a HO would want to depreciate the new jacuzzi they had installed out back or the kitchen that got remodeled. | |
| 6 April 2009 | |
| I was also thinking the same thing, however I didn't want to not check and have the client suffer because of it.
Thank you | |
Brock And Associates (talk|edits) said: | 6 April 2009 |
| Only the repairs that relate directly to the home office portion of the home would be deductible....
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