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Businesses for Tax purposes
Ive heard of many people starting "empty" business for tax purposes (house, vehicle, or equipment write offs), such as Blogs, photography companies, or handyman companies which only make like 100-200$ a year just for the tax write offs they can get from said company.
Is anyone familiar with this or something similar?
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2013 Toyota Tundra CrewMax TRD Offroad *CURRENT*
2005 Nissan Xterra SE *SOLD*
1991 Toyota Hilux Surf SSR-X Widebody *SOLD*
2001 Acura Integra Type-R *SOLD*
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