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Posted to rec.crafts.metalworking
Jon Elson Jon Elson is offline
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Default tax question: switching over from hobby to business?

Jon Anderson wrote:

Talk to an enrolled agent, you might be better off leasing the equipment
to the business.

You almost certainly can't lease stuff to yourself as a sole
proprietor. From Grant's initial post, I suspect that it the
class of business he has set up.


Jon