Here’s a guy who was a teacher and a writer who realized that he needed some business expense deductions to lower his tax commitment…so….he started a bike shop and learned to write off all his business expenses.
And…a bike shop should have some good expenses.
What do people say about necessity being the mother of invention?
And….check out the custom paint job on these bicycles!
I’ve never seen anyone use this technique for painting his frames.
The need to figure out a way to beat the system a little bit, and use the tax code in a smart way to ease his burden, was an interesting motivation for starting a business.
An existing love of bicycles didn’t hurt when he was making his decision, though.
I don’t know much about how our own taxes work.
I don’t use deductions like I should.
Maybe I should start a bike shop, too?