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Sabrinaa73
April 13, 2025
Question

If I bought a house with my business but did not use it for personal use, can I deduct the utilities?

  • April 13, 2025
  • 1 reply
  • 0 views
I bought a house to fix up and resale. This house is not used for personal use at all. Can I deduct the utilities?

    1 reply

    J
    JamesG1
    April 13, 2025

    If you purchase a home to repair and sell and do not use it for personal use, Utilities would be a common and ordinary expense of doing business.  The expense may be deducted.

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