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  1. D

    IRS laws governing commom areas

    Can someone tell me more about the outside property? Say friends or family come by to visit in our common area, park out back and walk up the sidewalk through the back yard to enter our common area. Am I now not allowed to claim the area of the sidewalk? the entire back yard? Where is the line...
  2. D

    IRS laws governing commom areas

    my husband and I intend to abide by the law which is our whole dilemma. We're not interested in finding creative ways to cheat the system but since we're new to the B&B concept we wanted to be sure there wasn't a legitimate way to have a business and enjoy this beautiful property as our home at...
  3. D

    IRS laws governing commom areas

    My husband and I are looking at a property to purchase for a B&B...........a perfect property. We would plan on living in the home but I will not if the IRS prevents me from having an occasional family function in this beautiful Victorian home. Can anyone shed some light on IRS deductions and...
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