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Updated over 6 years ago,
Taxes and sponsoring sports
I believe I have the basics to what i need to do for taxes with my rental property: save all reciepts and give to a pro!
Now here is my next question:
I am looking to start a little bussiness. I am also a bass fisherman. Can I have the business sponsor myself by advertising on the boat and my jersey? Can i have the bussiness pay myself or pay for gear?
Thank you!