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Richard Boyd
  • Property Manager
  • Oneonta, NY
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In-Home Daycare Tax Help Please! New York State

Richard Boyd
  • Property Manager
  • Oneonta, NY
Posted Feb 20 2020, 07:08

Hi guys!

So I have a duplex (commercial zoning) only in my name. My wife runs an in-home daycare (dba) out of one side and we live in the other side. My question is... We would like to avoid paying the 25% self-employment fee other than the write offs that she can use from her expenses. As the home owner, can I charge her rent for any amount? Basically I would charge her rent for anything extra she makes that can't be written off. Also, does that apply even if I decide to work with her so that we can have more kids. I know this is more of a tax question than it is Real Estate but I'm not sure who else to ask. The accountant we use is not knowledgeable with small businesses.  

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