I purchased my current home with my business in mind.
It is a 100 plus year old home in an historic district, that has a carriage house out back.
It has it's own utilities and such separate from the main house, which makes it perfect come tax time.

Any tax man can take one look at my office with the editing workstation, the stacks of papers and the clutter of dusty video equipment, and that'll be all the proof I need. ;-)


J.

Sooo... if I go out and rent office space to generate revenue, I shouldn't deduct THAT expense?

Why is it different from a home office?


J.

Any expense incurred in earning an income is deductible, while tax laws my vary between the U.S., Australia etc etc - the principle remains.

The quality of accountants is variable, like the quality of videographers - if you're unsure - call the tax dept, (or IRS) they can actually be helpful.