Personal Property Tax help needed!
 

I cant believe it went up to $300! What can I write off? Anyone want to fully explain this tax and everything please do we havent gotten a new accountant yet. Help here would be greatly appreciated.

maybe I shouldnt have put fully explain how bout a good guess?

$300 per month right ? I am not really sure if you can write off the personal property tax.

Ours is about 481 per month which is included in our mortgage.

You can however write off business use of home.

If you have an in home office you should be able to estimate a portion of the total expense as a business expense. I.e. total square feet of home = 2000, approx. office space 500 sq feet, therefore you could write off 1/4 or $75 as a business expense.
(that is the way it works in Canada, I'm pretty sure US tax laws are similar.)

This would go for other home expenses as well, i.e. interest on your mortgage, utilities, insurance, etc.

per month? Im pretty sure ours is for the whole year

thanks! what about the new computer Im getting since this one is screwed?

that is a business expense also, a write off