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Home office out of a 2nd bedroom (in my 2BR condo) but it's shared between a bedroom & office, so only a fraction of it is legally deductible (I think). I've been in my place for nearly 3 years on a 5 year ARM mortgage. My CPA says the next place should be a 3BR with the 3rd bedroom EXCLUSIVELY for office. But waiting for the 5th year of the 5 year ARM to run out (and see where mortgage rates are then).
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