I've got a question, I just started a home-based business, how much of my mortgage payment can be used as an expense for my business? And do I post the whole mortgage payment or just the portion to my business on Qbooks?
TIA
Anthony
Speak to your accountant.
Allan's response is the best you can possibly get in a newsgroup. Home office expense deductions for tax purposes are traps for the unwary. There are too many things to consider to begin to answer accurately here.
BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.