Breeder Business Question
Have any of you as breeders set up an LLC? Just wondering how popular it is to do that even if you are still considered a hobby breeder.
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Re: Breeder Business Question
It couldn’t be used to write off big investments like racks or other big ticket items?
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Re: Breeder Business Question
Quote:
Originally Posted by
Jbabycsx
It couldn’t be used to write off big investments like racks or other big ticket items?
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You can write off any expenses of business regardless of an LLC. Accounting is accounting, regardless of your business entity. Hobbyists usually operate as a sole proprietor.