I just have a quick question on home repairs and updates. My playroom is in desperate need of new windows, and I had planned to pay for these from my business account, thinking that it would be a business expense, as it is needed for daycare. My SO doesn't think that I should, as he owns the house, and my name is not on any deed. He worries that if I am audited, that it could come back to bite me. Is this true? I know nothing about this, and I was just assuming that because I used the room for daycare, all maintenance and repairs would be considered business related.
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Home Repairs for Daycare, But I Don't Own The Home?
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home repairs
Originally posted by Miss A View PostI just have a quick question on home repairs and updates. My playroom is in desperate need of new windows, and I had planned to pay for these from my business account, thinking that it would be a business expense, as it is needed for daycare. My SO doesn't think that I should, as he owns the house, and my name is not on any deed. He worries that if I am audited, that it could come back to bite me. Is this true? I know nothing about this, and I was just assuming that because I used the room for daycare, all maintenance and repairs would be considered business related.
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