Lance, I would always recommend calling your local IRS office and telling them what you plan to do. they are not ogres waiting to pounce on you and will normally be very helpful and give you great advice. If you are open and honest with them then they are great. You will have to pay taxes on your profits but you can also claim deductions - your own business is a good tax tool. for information on record keeping, tax deductions and more have a look at my web site - it is to help people choose and start their own business. Richard http://www.home-business-information-reviews.com
by Richy - 12 hours ago
YOU HAVE TO TALK WITH YOUR TAX MAN YOU CAN WRITE OFF ALL EXPENSES FOR I THINK 4 YEARS
by mike g - 12 hours ago
All of the income is reportable, there is no such thing as tax free income.
by Landlord - 12 hours ago
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