Posts by mistypuma59

I’ve been chewing on a bit of a logistical puzzle lately and wanted to see if anyone here has navigated this before. Suppose I have a legal entity—not registered for sales tax—and I want to rent an apartment from an individual to serve as housing for myself in my capacity as director. The situation is that my business operations are centered in Washington, D.C., but my actual residence is in some small town in the Midwest. Under these circumstances, would it be permissible to lease that space for my own accommodation? Furthermore, can I legitimately record both the rent payments and the utility bills as deductible business expenses in my accounting books?

Thanks a million in advance for any insight you might have.