One reason the tax break could hurt you in the end.
Under current law, taking a home office deduction can preventyou from having a tax-free rollover of the capital gain when yousell your home. If you plan to sell your home within three years ofstarting your home business, think twice about qualifying for ahome office deduction. Get advice from a knowledgeable taxprofessional.
Excerpted from Start Your Own Business: The Only Start-Up GuideYou'll Ever Need
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