I have a business established in IL but live in UT. My business partner lives in IL. If I want to rent an apartment in IL, can I write it off as an expense?
-IL Corporation
-2 partners
-Business occurs in IL
-Need to go to IL for a few winter months for work and therefore need an apt.
If you're using this apartment as your office space, then yes, normally you can write it off as a business expense. You'll just need to prove it somehow. For example, declaring to the state that the apartment is for commercial use.
I know that where I live, I also need to notify the landlord that I'm doing commercial work in the apartment.
Double-check with state laws though! I am not a lawyer so I cannot give you any legal advice.
