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As an investor owner, is it possible to claim part of my internet phone and home office as expenses? This is the second it depends question. The Internet and phone. Its going to depend on what kind of entity you are. If you are an S or a C Corp, you can deduct them 100%. If your employer requires you to have internet and phone. But if theyre just an investor in real estate, they would still be able to write up a few things, would they not? Yes, you could write off the Internet and phone, but only its going to be limited to how much of it is. Used for that business. See, what Jeff is talking about is if you have one of these beautiful little iPhones or whatever they are, which could stop. Im dialing my mother right now. She called me and it just went right back. How do I hang up on my mom anyway? Thats bad. Sorry, Mom, but if you have one of these and your employer wants you to use it in your employment, I can reimburse 100%. So if I work for Jeffs CPA and I use this, hey, I have