if i start a sole prop business where i'm evaluating hotels and writing reviews on them for others to read and look to make my money from advertisements, are all my hotel stays deductible? (as like a research expense?) btw, im not talking about being a travel agent-just a hotel reviewer what about transportation to get to the hotel?
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But what if he combines the reviewing hotels business with a profitable enterprise (even, say, eBay selling) as one entity: "Jetsfan Enterprises" - selling widgets and reviewing hotels. Then maybe the enterprise isn't a hobby. I suppose the IRS could dissect your entire business and find that one part is a sham for tax avoidance?
only if you get a reality TV show or your last name is hilton. johnm4 said:if I blog about everything I do and try to sell ads can my whole life be tax deductible?
bigdaddycincinnati said:But what if he combines the reviewing hotels business with a profitable enterprise (even, say, eBay selling) as one entity: "Jetsfan Enterprises" - selling widgets and reviewing hotels. Then maybe the enterprise isn't a hobby. I suppose the IRS could dissect your entire business and find that one part is a sham for tax avoidance?those would be separate business activities and thus require separate schedule Cs.
theman2 said:bigdaddycincinnati said:But what if he combines the reviewing hotels business with a profitable enterprise (even, say, eBay selling) as one entity: "Jetsfan Enterprises" - selling widgets and reviewing hotels. Then maybe the enterprise isn't a hobby. I suppose the IRS could dissect your entire business and find that one part is a sham for tax avoidance?those would be separate business activities and thus require separate schedule Cs.
Would the answer be different if the activities were done under a single LLC or corporate form rather than by a sole proprietor?
we have already discussed this, how to make ALL your travel tax deductible, not just hotels, AND how to show a profit (your eBay sales) so that the legitimacy wont be questioned
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