To qualify for the home office deduction, two fundamental tests must be met: exclusivity and principal use. The area used for the business must be exclusively dedicated to business activities, and it must serve as the principal place of business. While traditional approaches may focus on prorated square footage, modern tax strategists advocate for more nuanced methods, such as the net usable square footage analysis.

The key to building wealth through real estate lies in leveraging your assets to finance future acquisitions. With VA loans, you can strategically acquire properties that generate income and appreciate over time. By allowing your assets to fund your liabilities, you create a sustainable pathway to financial freedom.