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Updated over 6 years ago on . Most recent reply

Kyle Jenkins's profile image
Kyle Jenkins's profile image
Kyle Jenkins
  • Investor
  • from Groton, Connecticut
  • Member since Apr 8, 2016
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User Stats

24
Posts
6
Votes
Kyle Jenkins's profile image
Kyle Jenkins's profile image
Kyle Jenkins
  • Investor
  • from Groton, Connecticut
  • Member since Apr 8, 2016
Connect
Kyle Jenkins
  • Investor
  • Groton, CT
6
Votes |
24
Posts
Tax, SDIRAs & Cost Segregation

Taxes and sponsoring sports

Kyle Jenkins
  • Investor
  • Groton, CT
Posted

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!

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