Write Off the Boat as an Office?
Hmmmm, nice idea!
We’ve been asking in one of our surveys, how CPAs manage the new work-on-the-go lifestyle with 24/7 connectedness.
Smart phones are changing the way we work. Maybe we should also be re-thinking how we think of our offices.
For instance, asked how his work away from the office experience could be improved, Kirk Glenn, a CPA in Hilton Head, S.C., suggests (tongue-in-cheekly, we assume) that the IRS let him write off his boat as a second office.
Kirk, when you figure it out, let us know. We have a hammock we’d like to write off.
How Do You Stay Connected? Take the survey; get the results.
2 Responses to Write Off the Boat as an Office? (Subscribe)
Some comments may be held for review before posting.
Hey, does that mean I can deduct my Jacuzzi? I think not! But if you want to try, let me know what the IRS says.
http://www.agwa.us
If the boat is used exclusively as the sole primary office space then it can be treated as other real property office space.