What You Need to Know About Setting Up a Home Office in Your Apartment

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These days, more people are telecommuting than ever, which means that your home and your business have essentially become one and the same. If you’re in the process of setting up a dedicated home office in your new apartment to maximize productivity, there are a few key things you’ll definitely want to keep in mind.

A Dedicated Space Is More Important Than You Think

The most important thing for you to understand about setting up a home office in your apartment is that it doesn’t literally need to be an office in the most traditional sense of the term. Maybe you don’t have an extra room that you can devote purely to productivity, or you’re not willing to give up that spare bedroom to your professional life. But what you do need is a dedicated space where you can focus on nothing but work for two very important reasons.

The first is that this will not only eliminate distractions, but it will help you enter and exit the head space you need to be in to excel while working from home. This can be a place where you can go in your apartment that you know from the moment you sit down that you’re working. Full stop. Then, at the end of the day, you can leave this space and “disengage” from responsibility as you would if you were leaving a traditional nine-to-five job and driving home.

The second reason has to do with Uncle Sam and what happens when he comes knocking at the door to collect taxes at the end of the year. If you want to write off your home office on your taxes, the IRS requires it to be a dedicated space used for no other purpose. So even if the first reason for setting up a dedicated space wasn’t important enough for you, the second one (and the tax deduction that will come with it) definitely underline why this is all such a good idea.

If you’d like to find out more information about setting up a home office in your new apartment, or if you’re just eager to learn about all of the incredible apartments in Chicago that are available, please don’t delay — contact Cobbler Square Lofts today.

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