It's Tee-AX Time!

[Halon]

Home office/business write-offs are one of the most audited items from what I understand because of the fact that those who do it don't fully understand the entire process. I sure don't, but this is an area my friend is very close to. And the way I understand it, is if you are now writing off areas of your home as an "office", then there is depreciation in value of that area due to it being an office now, and legally you are supposed to be keeping track of that now, and when it comes time to sell your house, you need to take that into account. The way I understand it, a home office isn't just a big win win meaning you get to write a bunch of stuff off. That's the good part, but there is much more involved supposedly, and I'm curious if you are doing all of that, or just taking the "good" which is the write-off.

And true, they probably would have a tough time proving it. But my buddy does exactly that. He keeps phone records showing how much was actually used for work to prove that in case of audit. But if you are going to just write it off saying "how will they ever know", then good for you for being all about you and getting yours and damn the man.