Thread

What’re you willing to do about it? Even if you have a W-2 job, you can still avoid taxes if you start a side-hustle. If you’re a “material participant” in that side-hustle, any losses & expenses can can be used to reduce your W-2 taxable income. (Passive things like being a landlord is excluded) Your side-hustle can lose money for years before it’ll raise any eyebrows. If your side hustle has zero income but $1000 in expenses it’ll raise more eyebrows than a side hustle with $10k income & $11k expenses, however both have the same impact on your taxes. Get smart or stay poor. Ping me for more info.

👀The taxman is watching careful out there