Re:After 12 Years of Reviewing Restaurants, I'm Leaving the ...
by EGreg on Tuesday July 16, 2024 @06:00PM
(#40980738)
Well that’s what I’m talking about. The price of all your movie tickets and mileage to drive to the theater, perhaps even your netflix subscription etc.
Or if you’re a travel blogger, the plane rides and hotel stays become a business expense if you’re doing it for profit as part of an LLC. You have to have an actual business plan with memberships, advertisements, etc.
You could be making money with it. But even if you aren’t yet, as long as you’re trying, the business expenses made by an LLC that you are investing into, are deductible on your personal Schedule C! Are they not?
Or if you’re a travel blogger, the plane rides and hotel stays become a business expense if you’re doing it for profit as part of an LLC. You have to have an actual business plan with memberships, advertisements, etc.
You could be making money with it. But even if you aren’t yet, as long as you’re trying, the business expenses made by an LLC that you are investing into, are deductible on your personal Schedule C! Are they not?