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Once an automotive website hobby into a business to deduct the expenses?
Question about taxes and a car, I know that you can not place an ad for a company in his personal vehicle and claim the car as a deduction. But what if your business is a car website / forum for a particular model of car? The site / forum shows how to do car maintenance, responses to other questions, you can install updates and spare parts, which misc. modifications, and blogs about the experiences and daily driving mileage. The income shall only Google ads and stickers and is very small. I just want to take a hobby and turn it into a business if the vehicle can claim personal and business expenses as the business is to write, edit, everything about the car. The expenses are the purchase price, depreciation, car parts or modifications, gas, registration, insurance, parking, tools to work on the car. The goal is to add content the site and all vehicles are for the website. Even if you can only claim the cost of car mods and tools, this is more than $ 5k/year.
Read about self-presentation of employees read http://taxipay.blogspot.com/2008/04/tax-filing-by-self-employed-sole.html
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