Ohhhhhhh that makes total sense.
Ohhhhhhh that makes total sense.
That’s interesting about the vehicle interest. I thought the mileage rate was supposed to cover EVERYTHING.
?? Why would this ever be considered a be personal expense?
Genuine question—why is this a surprise? Interest is included in the payment, right? And the vehicles are owned by or used exclusively by the business? Why would the interest on the loans convert to a personal expense?
I also don’t understand this. Did you spend the money to in the interests of generating revenue for your business? Deduct it. Did you spend the money for any other reason? Don’t deduct it. Was it a mix of both? Deduct some of it.
Meh, it’s only spam if he’s promoting a “how to succeed in e-commerce” course. If he’s trying to promote his shop, he’s fucking terrible at identifying his target market.
I don’t see how that could possibly be enforced if there aren’t people coming and going from your place. You could set up a business address (not a PO Box) through a company that does that (very common for this situation or people who want an official address in a fancy part of town), but I don’t think your landlord has much power here as long as the apartment is also your primary residence. You’re allowed to work from home, and if your business address is somewhere else and you don’t have customers coming and going, you’re not really even “ruining the business” from your apartment. If management comes for you, they’re going to have to come for all the freelancers too.
What determines “business use”? Travel while you’re clocked into work?