Can You Write Off a Storage Unit on Taxes for Business?

Yes, you can write off a storage unit on your taxes if it’s used for business purposes. The cost of a storage unit is considered a deductible business expense under rent or storage costs. However, only the business-related portion can be deducted if the unit is used for personal and business items.

This is similar to renting an office space. If it’s for work, it’s deductible, but if you’re stashing old furniture, it’s not deductible.