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Reply to "Is this a justifiable business expense?"
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[quote=Anonymous]I’m 40 and moved back home recently to be able to help my parents, who are getting older and sometimes need some help going to doctor’s appointments, etc. One great aspect of the situation has been that I’ve been able to save much more money with no housing and other related expenses: no utilities, no DoorDash, reduced food expense (I do purchase some of the groceries), etc. It’s also been great in other ways. I don’t cook anymore so I have more free time and my stress level has gone down. I honestly now think living on your own as a single person is overrated. The one aspect that has suffered is my dating/sex life. I was considering renting an apartment to address this but wanted to see if I could consider this as my office and deduct it as a business expense. I would still retain my parents’ home as my primary residence. I understand that business expenses need to be considered normal and justifiable, and I think an office certainly would fall in this category – the only question is whether the IRS would object to my using an apartment as an office. My answer to that is that they’re basically the same price: the 1BR apartment would be $2,100/month (or around $2,500 including parking and utilities), and the nicer office buildings around me are not any cheaper, though I could get something in a strip mall for less. The apartment would also make it easier to work late if needed. Since my parents are retired, they often have guests and grandkids over, which can make it loud even into the evening. However, my true motivation in getting an apartment is restoring my dating/sex life. Nevertheless, it would be huge if I can claim this as a business expense and just wanted thoughts from others with experience if this would cause me any problems with the IRS if I were to be audited. Thanks.[/quote]
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