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Business & farm
I started up my llc Home Inspection Company middle the year but haven't made any income yet. I've spend over 120.00 on my work phone per month plus my tools cost about 1500.00 not to mention the extra stuff that I had to buy for my work truck plus my truck payment is 488.00 mo. I consulted with a Accountant and he said starting next year you'll be able to write off your expenses and also since it's out of your home a percentage of my rent. Curious why I couldn't write these expenses off this year. But you need to show you've made some sort of income to write all of those expenses off. Is this true? Thanks for your help
‎December 1, 2022
7:45 PM