Just about everyone has a home office now due to the pandemic, but can you claim it as a tax-deduction? Is it even a good idea? David Moore of Equity Advantage discusses the pros and cons and what the distinction of a home versus a home office really means.

What You Will Learn in This Video

  • What counts as a home office while working from home during the pandemic
  • What effect a home office has on your taxes
  • How having a home office affects selling your home
  • The 1031 exchange and home offices

It’s important to understand your personal situation when considering claiming a home office tax-deduction. Watch the video above or read the full transcript below to learn whether you be benefiting.

Read the Full Transcript

If you’re considering a 1031 exchange, you want a team of professionals on your side. Let the experts at Equity Advantage help you navigate the details. Call them today! 503-635-1031.