Question by jimmy hoffa: Is opening an online business worth it?
I have a few ideas involving native american “folklore” or other ideas. I’m hurting for a job and I think I may feel more comfortable with an online business, but I have little knowledge on the subject and I’m only 21 and this may be too heavy for me to tackle. I would really love some feedback from people with their own online businesses.
Best answer:
Answer by retiredplmp
yep you can write off so much stuff on your taxes. Rent, utilities, mileage and much more. Also remember to close your business after 3 years and start over with a new name. This way you can continue to claim a loss. Have fun!
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