Q: I own a small handyman business and am remodeling a portion of my own home. Can I expense the materials to my business?
I file my taxes (personal & business) under my SSN and do not have an EIN.
A: You can deduct an allocable percentage of repairs and maintenance to an area of your home that is used exclusively for the business. Improvements are not deductible. A remodel would not be deductible.
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