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The deductibility of self-storage unit costs on your taxes depends on the purpose of use. If the storage unit is utilized for business-related activities, such as storing inventory or business equipment, you may be eligible to deduct the expenses as a business cost. However, if the storage is strictly for personal use, these costs are generally not deductible on personal tax returns. In cases of mixed use, where the storage serves both personal and business needs, it may be possible to deduct the portion of expenses related to the business use. It's crucial to maintain thorough records and seek advice from a tax professional to ensure compliance with current tax regulations and obtain accurate guidance based on individual circumstances.