warnickcpa wrote:So he has another house that he lives in? Does he not have any personal assets in the house? He does not stay the night in the house at all? All furniture is business? 100% business for what was a personal home seems a little iffy...
Still need the 8829 in my opinion
JAD wrote:I wouldn't if it is truly 100% business property. Form 8829 is for expenses for business use of the home. This is not his home.
ManVsTax wrote:I'd be curious if he's in violation of his homeowner's association bylaws. Probably doesn't change the tax treatment, but most condo associations won't allow you to use your home for business unless it's ancillary and only amounts to a home office. i.e. No employees or customers/clients visiting the property.
Milkshake wrote:It's Hemet, CA. Pretty sure you can buy a Tiger and turn your condo into a petting zoo and no one would care.
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