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Subject:
Item Title: How a Deductible Home Office Affects a Sale
Summary:

If you've been claiming home office deductions on your tax return, you may wonder what happens when you decide to sell your house. Can you still collect a tax-free gain of up to $250,000 if you're single or $500,000 if you're married and filing a joint tax return? Depending on the circumstances, you may still be able to exclude all or part of the gain, provided you otherwise qualify. Read on to learn the tax law requirements and how you might be able to increase the amount you ca
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LSSLC, LLC provides the information in this newsletter for general guidance only, and does not constitute the provision of legal advice or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. 

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