Yes, assuming you each meet the eligibility tests for the home office deduction. Each of you would need to complete a separate Form 8829 and attach it to your separate Schedule Cs if you figure the deduction for 2013 using the actual expense method. Alternatively, if you each qualify for a home office deduction, both of you can use the new simplified method for your respective home offices, which is multiplying your square footage (up to 300 square feet) by $5.
Debt on which a person is not personally liable. In case of nonpayment, the creditor must foreclose on property securing the debt. At-risk rules generally bar losses where there is nonrecourse financing, but an exception applies to certain nonrecourse financing for real estate.