Home-office remodel pay backQuestion Will I be able to recoup my money for remodeling my home to accommodate a home-based business?
Answer When remodeling a home to accommodate a home office, one way to recoup the expenses is by reducing your taxable income by claiming most, if not all, of the remodeling expenses (assuming the office is used regularly and exclusively for business).
Be sure to consult with an accountant on how to recoup these expenses. 
Brain Trust contributor:
Co-Author of The 30 Second Commute
Related Categories: Accounting, Finance, Taxes, Cash Managment, Entrepreneurship, Home Office And Teleworking, Home-Based Business, Real Estate
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz |
    AskJim ID: 2528
|
 |
|
|
Small business answers — NOW!
Ask your business question:
|
©Copyright 2009-2012 by Small Business Network, Inc.