Albert L. asked

💰  Tax

I run multiple small businesses from home and have a question regarding home office deductions. Does that mean each of them and their expenses are tax deductible separately? Also, if I have a room dedicated to the businesses, how does that affect my mortgage, and can I set up another room for a different small business for tax purposes?

September 21st, 2023

Paula H. answered

Yes, each of your small businesses and their expenses can be tax deductible separately. You will nee...

September 21st, 2023

Sign Up to View Full Expert Answers

Create an account to view answers and interact with the community!

Sign Up with Email