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Rocket Lawyer's Help videos provide a nice overview on a variety of legal topics from Harvard Law professor and TV Commentator Arthur Miller.

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What do I need to know about running a business out of my home?

Before you decide to operate a business from your home, you will need to determine if your local zoning laws even allow you to do so. Consult your city or county zoning official for more information.

There will also be tax consequences for you to consider. If you convert part of your home into business property, you may be able to obtain an income tax deduction each year based on the percentage of your home used for business purposes. However, when your residence is later sold, there may be unattractive tax consequences that result.

Be sure to consult a tax advisor and fully understand the issues before you take the home office deduction.

Arthur Miller Legal Help Videos

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