Small Hobby Gears Small Business As Secondary Income?

Small Business as secondary income? - small hobby gears

Hello,

I am thinking of a small business from a hobby I've started.
It is a hobby that I want to run a little more professional.

What I want to know is:
If the company is working with a loss for the first year or two, you can negatively gear the company's losses "on my taxes?

I ask, that means my start-up costs, the cost is by far my contribution for the 1st and if appropriate, 2 Exceed year.

1 comments:

Anonymous said...

Personally, I would like to run a business, where he would lose the year. Wow! Think positive!

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