Question

Retail property vs Apartment

I am a sole proprietor that currently works from home office. I want to relocate out of my home.

Retail space is very expensive. Can I rent/lease an apartment as my primary office and deduct the lease cost?

Yes, you can deduct the cost of rent.

Refer to the IRS Pub 535 for more definitions on Rent Expense.

Hope you find this information helpful!

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