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Originally Posted by KRosh
that is incorrect.
My home in LA is also an office much more write off than the normal tax write off. I reccommend a good accountant 
I also have gained un ungodly amount of equity in both homes. The ROI here is unlike any other investment. I am not going to sit here and argue forever but I will tell you that i am doing ok |
I suggest you get a good accountant because:
1. Writing off a home office has nothing to do with mortgage interest.
2. Writing off a home office will fuck you up when you go to sell your house, you will have to pay tax on the depreciation deduction you've been taking this whole time.