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Old 04-15-2008, 06:32 PM
Paul Thomas, CPA
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Default Re: second home due to job requirements


"Deodiaus" <deodiaus[at]yahoo.com> wrote
- quote -

> If my home is in one state, but I work & maintain a second
> apartment in another state 700 miles away, can I claim the
> rent as a business expence or otherwise off my taxes?






I don't see anything that points to the job as being temporary (meaning
lasting less than one year), or that you plan to keep and return to your
existing/old home after that job assignment ends.

So no. Tis sadly a personal expense.




--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
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Old 04-15-2008, 04:56 PM
Deodiaus
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Default second home due to job requirements

If my home is in one state, but I work & maintain a second apartment
in another state 700 miles away, can I claim the rent as a business
expence or otherwise off my taxes?
I do not want to move until my first home sells and if I still have a
job.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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