Definition: A portion of a home used for business. A federal business-use-of-home deduction generally requires regular and exclusive qualifying business use, with specified exceptions.
Example
A self-employed broker uses a room solely and regularly as a qualifying principal place of business.
Keep the distinction clear
A convenient place to answer occasional email is not automatically a deductible home office. Qualification and expense allocation depend on the current tax rules.
Related terms
Taxable Income ยท Real Estate Brokerage
Keep studying
References: IRS Topic 509: business use of home
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