I’m surprised you’re able to expense your rent, but otherwise I agree. I like being free to arrange my schedule how I like. I’ve traveled almost 3 months out of 7 this year, take long weekends to go diving, etc. When I was W-2, even when I ostensibly had unlimited PTO it always felt like I was begging for my own time.
In Canada there is some complicated formula for how much you can expense rent, based on the floor size of your office compared to that of the living space in your home and how much you use it for working etc.
When my partner applied for it, it ended up being a ridiculously small amount.
My accountant in the US always recommended against it because it is a red flag. And, yeah, it would be one room in my house and not dedicated for work purposes so it wouldn't be a big deduction. When I had a part-time software business it made more sense to just find reasonable deductions I could offset against my revenues.
Technically I still live with my parents, but one of my clients requires me to maintain office 300km away. There is no trick, I asked at tax office if that would be OK.
