Thanks Jamie! So if I plan to keep doing it, even if it's not profitable now but within 5 years(I believe I read that on another post to IRS) then it should be good as Schedule C? What are the taxes like for Self Employment Tax? I Assume it's only taxed on the SET Income? And would I need to do anything specific for the deprecation/etc with Schedule C vs A?
I guess with that last one is there really any other negative to C except for Self Employment Tax?
