Regular use means you use it consistently for work. How do you qualify for the home office tax deduction? First, the part of your home you're using for your home-based LLC must be used regularly and exclusively for your business. This includes a portion of your rent or mortgage interest and other home-related costs, such as utilities.

If you meet certain requirements for the home office tax deduction, you'll also be able to deduct a percentage of the costs of running your home as a business expense. You're paying for your home anyway, so if there's room for you to operate a home office as well, running a home-based business may well be the answer, especially when you're just starting out. It's much easier to start your business without the burden of a high lease payment looming over you each month. This cost factor is an important consideration especially for start-ups. Low costįor most business owners, the main attraction of running a home-based business is the low cost. Here are a few more ways that starting your business from your home makes sense - especially in the beginning. When starting something new, it's always a good idea to take advantage of resources you have at your disposal. Have you registered an LLC and are now considering running your new business out of your home?Īs with any home-based business, there are both advantages and disadvantages to running an LLC from your home.

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