Wife does not workOwn my own house with mortgage.Normal job 106k/yearRental income 1k gainShort term capital gain 50kLong term capital gain 200kSeparate business, 1 k gain but bought 87k if equipment.

The daycare would only be extra income after its expenses are paid (the kids food, equipment and such).

We do require they provide us with proof of business liability insurance - especially if they will be holding client equipment or information on-site - and list us as a named insured.

Some other thoughts:credit cards - cash advance or "purchase checks" from new or existing cards.sell something - car, personal propertyget a second job, perhaps some sort of freelancingvendor financing - without knowing anything about your business, perhaps you can get credit lines from some of the folks who are selling you either your raw materials or your business equipment.

Hello:I am considering converting the brick 2-car garage at one of my properties in Phoenixville, into a 1BR/1BA rental. 320 s.f. total, loft-type BR, baseboard heat, full KTN minus D/W, laundry equipment.

Both of which will cost a substantial amount of money - which funds, to my way of thinking, would be far better spent on installing high efficiency equipment which can be sidewall vented through PVC pipes - instead of on improving an obsolete chimney.If it were me I would hang a Navien condensing tankless boiler/water heater on the wall and use that for both purposes.

If you do change, can you share how you sold the old equipment and how much you received for it.

If you use your own phone, thereby not using their equipment, you get to pay more!  

I have been a federal employee with the IRS for 5 years and major in Business Admin so I am well equipped with info on tax benefits and actually running a business just looking to hear from people with the actual experience.

Then there is the equipment value.Yes, I would definitely pass on the lead.