Partnership - home office

[peggysioux]

LLC Partnership has apartment building that is rented out. One of the partners is taking over the overseeing of the rentals and wants to write off his home office usage. Would he take the home office expense deduction on page 2 of Schedule E?

[Gretel]

Yes, he would but can only do so if stated in Operating Agreement that he is required in incur such expenses and that no reimbursement is available.