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The clipping this text was read from
The clipping this text was read from

Real Estate

Eileen M. Day REALTOR*.

HOME OFFICE RULE TOUGHENED

Perhaps you have an of fiee at home. It's your principal place of business or a place where you meet customers. Your office expenses are de ductible, but subjec t to strict limits. Home office deductions (other than expenses deduct ible in any event, like mort gage interest) arc- limited to gross income from the homeoffice. MINUS all business expenses not allocable to the use of the dwelling unit itself

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