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    Bed and Breakfast

    Client has opened B&B. This is a Sole Prop, I have not done an accomodations business return. What is out there for guidelines. Is this done like day care where the total sq ft and hours of the year give a percentage of OIH? This is the clients home.

    Help!

    Cathe

    #2
    One problem with bed & breakfast establishments is that the only portions that are considered 'business' property for the OIH split are the guest rooms, unless the proprietors live in completely separate quarters. I can't remember the ruling, but all the other areas are considered mixed use, and thus, personal.

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