Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Jacob Swirtz
  • MN (mn)
2
Votes |
5
Posts

small business help- tax deductions and getting started

Jacob Swirtz
  • MN (mn)
Posted

Hi, my name is jacob (18) and i’m from minnesota trying to start a small shoveling business this winter with a partner. I don’t believe that we will be making a whole lot of money this winter but we both want the experience that this will bring. we are going to start from ground up and will try to profit as much as possible as honest as possible. anyone know if we are able to write off expenses like gas, shovels, salt/sand without an llc or is that something i will need to set up. Again i don’t think we’ll be making all that much money this winter so i don’t want to be stuck in a situation where i have to pay a lot of money in taxes at the end of the year. any advice helps!! working on being a first generation business owner :)

thanks biggerpockets community

Loading replies...