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Woohoo someone created a bowl
Any advice from a soon to be landlord?
Decided to payoff my mortgage.
When do you guys want to retire?
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Shh! Don’t tell clients: if you don’t carry out your activities in a businesslike manner and maintain complete books and records, you’re a hobby not a business!
I might be wrong, but the way I read it I get the feeling an important perspective that’s considered is that of someone who makes a loss out of a hobby and claims a tax break…
This, of course you have to claim income on a “hobby”, but if I can somehow say golf is a business for me I can write off my club dues?
Only matters if it is a loss
Suddenly it makes sense why people say don't turn your hobby into work.