At best, the artist leaves you alone and you feel awkward browsing in their house as the only customer for x time period. Would feel like a wasted time if you didn’t buy something. It all goes south from there. Gives “if you want to leave, buy something vibes”.

OP- no good deed goes unpunished.
Your CPA will give you some advice, follow it.
There’s a lot of advice in this thread that will get your wrist slapped by DoL, WC, IRS if something bad happens or you’re audited.

Good advice. And starting from a profitable business gives a lot more options than if this was burning $200k in losses a year.