We pay rent for our office and workshop (we also live on the property)- sole proprietorship. Should I delete the rent and just do "home office expense"?

Anca1 · ‎February 21, 2024

For personal taxes I was told not to include rent paid in the business results?

JamesM4 · ‎February 21, 2024

Hello Anca1,

Welcome to the Community. QuickBooks is a flexible program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work.

Recording your transactions the correct way is vital for ensuring your books remain accurate. That being said, I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in.

Let me know if this info helps. I'm here to steer you in the right direction.

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We pay rent for our office and workshop (we also live on the property)- sole proprietorship. Should I delete the rent and just do "home office expense"?

We pay rent for our office and workshop (we also live on the property)- sole proprietorship. Should I delete the rent and just do "home office expense"?

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