Quote Originally Posted by Zombie View Post
Yes, the expenses of feeding them, snake purchases, etc that you buy for the hobby would be write offs. Check with your tax professionals (even h&r block) and ask them. Sales of snakes and what not would be considered taxable income. If you have to report that income on your taxes then you should be able to report the costs to make those profits, make sense? Which would constitute wether you make a profit or not. If your expenses exceed your sales, then your non profitable. If you are doing it as a hobby that's where your expenses stop, bring you to 0. If you are a business, then the expenses beyond that go into the negative and become a part of your tax return hope this makes sense...
Ah I see where you are going. I can see where that would be beneficial. My cousin does my taxes for me, so I will ask her about it