3 ms·

There’s these things called home offices and many have converted a room to be one when working from home all the time.

• laweijfmvo 3y ago
  How do you value the opportunity cost of an extra bedroom?
  • NhanH 3y ago
    It's not just opportunity cost. I have known people buying condo with extra room to use as home office (they picked the one with extra room). It is a very real and significant cost, not merely opportunity cost
  • nicwolff 3y ago
    Compare the rents of neighboring n- and n+1-bedroom apartments?
• kjkjadksj 3y ago
  Its not unheard of to carve out the home office already for tax purposes.
  • ghaff 3y ago
    That's long been a pretty questionable deduction unless it really is a dedicated space for work purposes. (Also, relatively few people in the US itemize today after the 2018 tax changes.)
  • alistairSH 3y ago
    Maybe not unheard of, but currently not allowed for most employees. IIRC, the current test is: 1. Exclusive use 2. Primary place of business (NOT primary workplace - WFH employees usually don't qualify)
• dukeyukey 3y ago
  A home office costs you hundreds extra per month, at least in my market (London). I work in the corner of our bedroom right now. My girlfriend works in a corner of the living room.