Can we use the federal home office deduction for passive activities such as management related to a rental property? After my husband passed away in 2002, I began to manage our rental property from the home office. I store all the related records in that home office. I set up a second telephone line and printer and computer and all that. I read the tax pages for home office deductions at the IRS
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3079,00.html After reading the IRS page, I am confused whether the home office deduction applies to me. The reason is two fold.- Does management of a passive activity qualify for a home office?
- Does work for my employer in that office reduce my benefit? More details are that I use the home office exclusively for two things. I use it BOTH for management and storage of records of my passive activity and for working from home as I now am forced to work now that my husband is gone. The IRS web page talks about how the deduction applies "at the convenience" of the employer but it says nothing about passive activities. Do Passive Activities Apply to the Home Office Deduction?
Thanks in advance for any help. Vickie
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