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Home office for landlord

Cynthia4sure
Level 1

Can you take a home office deduction for a landlord, and how do you get the calculation to roll to the Schedule E?

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1 Best Answer

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15

I use a dummy Sch C with the net profit of the rental as income, then print it and keep it in the file, I enter the OIH exp in Other Expenses on Sch E.

Dont forget to delete the dummy Sch C.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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4 Comments 4
Just-Lisa-Now-
Level 15
Level 15

I use a dummy Sch C with the net profit of the rental as income, then print it and keep it in the file, I enter the OIH exp in Other Expenses on Sch E.

Dont forget to delete the dummy Sch C.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Cynthia4sure
Level 1

Thank you!

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PATAX
Level 15

Is it 100% exclusively devoted to the schedule e-rental operation? Read up on home office rules they are strict.

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taxes96786
Level 9

I allocate by sq ft and enter home office expenses on the Sch E Line 19e with the highest income

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