How many of you strictly mobile owners write off a portion of your house, for office or storage?
thanks Cliff
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How many of you strictly mobile owners write off a portion of your house, for office or storage?
thanks Cliff QUOTE (cliff @ Apr 13 2006, 08:57 PM) How many of you strictly mobile owners write off a portion of your house, for office or storage? thanks Cliff [*]391465[/*] I used to do it when I started as a mobile biz. I wrote off a portion of all utilities as well. Gas, insurance, etc... Your accountant will know. QUOTE (tint_detective @ Apr 13 2006, 11:19 PM) QUOTE (cliff @ Apr 13 2006, 08:57 PM) How many of you strictly mobile owners write off a portion of your house, for office or storage? thanks Cliff [*]391465[/*] I used to do it when I started as a mobile biz. I wrote off a portion of all utilities as well. Gas, insurance, etc... Your accountant will know. [*]391474[/*]
This is something everyone has done I would imagine.
Starting out Mobile, get a cell phone seperate from the personal phone. Then, all expenses with the business cell phone would be deductible, I would guess.
sounds like some good advice for write offs but the best advice is those who say let the accountant do the work and figure out all the little things.
Make sure you have an accountant if you try and write off to much it can come back and bite you in the azz
Typically, the IRS Publications will have great information on what can be deducted.
Then you are going by their own guidelines with what and how much is deductible. At least you have a starting point and the Accountant or CPA should be able to clarify the details if you have something you do not understand. For Mobile work there is a mileage deduction.
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