Quote:
Originally posted by phogirl69
Can anyone confirm if this is correct?
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Correct.
If you have a 3 bedroom home, you must dedicate whatever room you choose for just business purposes. Then you must calculate the percent of that space vs. the rest of the ENTIRE house. You can't just say the room is worth $500 bucks. So if you have a 180ft² room with a 1700ft² house..that's a measily 10.5 percent of your mortgage that you can claim.
It would be alot easier to just rent space from some house and claim that as your office.