Does anyone know about tax write offs?

Discussion in 'General Chat' started by ibw13, Nov 7, 2007.

  1. #1
    Hi,

    Can I write off for example my computer, internet service, and a portion of my house because I use those things to make money or do I need to create an LLC to do that?

    Thank You very much

    IBW
     
    ibw13, Nov 7, 2007 IP
  2. longroad

    longroad Well-Known Member

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    #2
    If you are running a business and paying tax on your online income then yes you can do that.
    not sure about a portion of the house, but where I live you can claim part of your rent if you have a place of business at home.
     
    longroad, Nov 7, 2007 IP