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Hi all,

Searched the folder. No luck. So, here I am with two questions.

Question 1:

I live in a rented house. I own a condo apartment that I have rented out.

Can I deduct the condo association fee I pay every month from my taxable income, in addition to the mortgage interest on the apartment?

Question 2:

I live and work on the east coast, 800 miles away from my employer in the midwest. I work from my house, where I have converted a large basement room for exclusive office work where I work all the time. My address is also listed as my office address (no personal use at all). This is my primary and only place of work. I do this because it is convenient for my employer to have me represent them as an east coast office. For this, my employer pays me a monthly amount considered as "rent" for the use of my space and my computer and fax equipment (it was more convenient for them to have me use what I already had instead of purchasing brand new things for them). This "rent" has been reported in box 1 of 1099-MISC.

Can I deduct this "rent" from my taxable income?

Hope to hear from someone. I am running out of time. Aaaaieeeee....

pkishor
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