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Disclaimer : I am not a tax professional, or a CPA. I am speaking from my past experiences, always speak to a licensed tax professional for any questions. Period.
https://boilerroomtrading.co/
Boiler Room Trading Apparel & Merchandise
https://boilerroomtradingshop.bigcart...
Trade Ideas Scanners | Best Scanning Software On The Market!
https://bit.ly/2RHlyEx
Join Our Free Stock Trading Chatroom Today! (LINK BELOW)
https://discord.gg/dJQ8CT5
Join Boiler Room Trading's Free Facebook Group (LINK BELOW) https://www.facebook.com/groups/17363...
Support The Channel Get Some Merch!!!
boilerroomtradingshop.bigcartel.com
Join Me On Instagram & Follow Boiler Room Trading's Progress!
https://www.instagram.com/boilerroomt...
Disclaimer : I am not a tax professional, or a CPA. I am speaking from my past experiences, always speak to a licensed tax professional for any questions. Period.
Is my mansion and lamborgini tax deductible?
can you please speak about trading credit spreads on spy i am interested in your thoughts. I hate to say this because i am probably jinxing myself but lately trading weekly call spreads on SPY has been like taking candy from a baby. why isnt everyone doing this ? thanks for your time
I like the concept behind this but when it comes to tax deductions they have to be reasonable. I think this is stretching it. I would also assume it's a slightly different situation purchasing assets rather than items for a video. If someone has a channel about real estate can they avoid all tax implications on buying/selling homes? Just my thoughts tho! haha
so if i buy a cat and make a video of him i can write him off plus his shit box, food and toys!! haha
Can you also make a video about stock market taxes?
I was looking up articles on how to file taxes for day traders and just ran into this video what a coincidence I'm def guna be a successful trader! 😲
We all make mistakes Connor 🤦🏻♀️ although I don’t buy anything Gucci lol I’m Chanel and Louis Vuitton girl 🙈 …… BUT NOOOO MORE I QUIT !!!!!
So can I just review everything I buy on youtube and get tax deductions for it all?
So if I make a video about unboxing a silver or gold coin, or my kid unboxing toys and we have a channel called "blahhh blahnik blah", I can write off all the expenses that it took to make the review video?
👍
Sooo….if I made $0.10 on my stock marketing youtube channel last year can I write off an Alienware Laptop I brought to use for editing my videos?
Of man I really blew it not saving my receipts. Thanks for helping me get my head out of the clouds.
You didn't need 5 examples, could've stopped repeating after the Gucci bag example.
Warrior trading Ad….ya hate to see it
I'm surprised no disclaimer at the beginning of your video or in the description. "I am not a tax advisor, this is not tax advice"… Etc. Anyway, neither am I but I strongly encourage anyone to also look into this further before doing anything about it. There "expenses" and then there are "assets". I don't how it would work for a YouTuber, but in general expense are things that are consumed or used within that year and need to be replaced. Whereas an asset lasts longer than that and in that case you can only deduct the depreciation from year to year. Again, not sure how it applies to YouTubers but the point is that it's most likely a bit more complicated than a five minute video. Otherwise nice video and a good idea to bring up the idea to people who may not have known about it.
I saw his ‘how to survive heartbreak.’ It’s that heartbreak tax deductible?
Great vid, mate
you needed to purchase that "new hoodie" for the youtube video hahaha
Can you write off things like monitors and computers for trading?
so pre market live stream is just gone now?
How about a video on different tax deductions a day trader could take.
I don’t make money on YouTube but it is really good video !!
Cool, I am still not monitized yet. No money to deduct from😂 Hopefully soon!!
Hold up… that means that you tubers that give rides to strangers in a car they bought to make a video can literally deduct a portion of that car to expenses to make that video…. 🤯
great video, I love learning about this 🍕
Them 1099s 😀
1099 ftw! Haha