Home Office Expenses

Can I claim a home office deduction if I own a Cooperative apartment ?

Answer:

Yes. If you meet the exclusive and regular use criteria, ownership of a cooperative apartment will qualify for a home office deduction. You may deduct depreciation based on your stock interest in the cooperative. Speak to your local CPA about your home office deductibility.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Home Office Expenses Questions

View More Questions