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Offline Rockguy66Topic starter
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« on: May 18, 2011, 01:23:24 pm »
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Hi guys,

I was wondering, do any of you on the forum offer detecting services for fees? If so, can you elaborate and give me any advice? Not sure what the in's and out's are, but I was considering setting up a business for this, and then maybe I can write off my purchases (i.e. toy, new coils, etc) for tax purposes. I know many people set up small businesses to offset end of year taxes and some even go on to have a decent business venture out of it. This is what I am looking into, if there is any merit in trying something like this, especially me being 1 mile from the beach. Any thoughts or experiences or advice would be appreciated.

Thanks!

Barrett

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Offline Homefire
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« Reply #1 on: May 18, 2011, 01:27:33 pm »
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Don't know about the Tax dodge but some people do.

Document your adds, Expenses, Gas, Travel miles .

Most people I know do it Pro Bono!



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Offline Rockguy66Topic starter
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« Reply #2 on: May 18, 2011, 01:33:47 pm »
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Hi Homefire,

well, I an not looking for a tax dodge as much as an offset... Wink

Just this year alone Uncle Sam is hitting me for around $10,000, not counting the $20,000 taken from my check for the year. My wife has been out of work for 2 years now and we are a two income- California family living on one now. I just thought if I could at least write off my hobby, erm, I mean business that would help a little. Smiley Anything I would charge would be nominal, to justify the business aspect of it. I probably wont do this at all, just looking for others experiences and feedback. Thanks for the tip!

Barrett

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« Reply #3 on: May 18, 2011, 02:28:04 pm »
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G Day Barrett and welcome to Thunting from London via Australia

AU

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Offline Homefire
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« Reply #4 on: May 18, 2011, 02:35:40 pm »
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Sorry Not Dodge!   Claim on Taxes.  OOOps.

I don't know anyone that makes a business out of it.


I've been detecting and Prospecting for years and have not made more the I spend Ever.  LOL

If you figure a way, I sure would like to here about it.

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Offline Karl
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« Reply #5 on: May 18, 2011, 02:36:27 pm »
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I have a simple add I run on craigslist just to drum up sites to detect on, it works I get a couple of new sites every month or so.


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"Keep Digging Its Down There Somewhere" Treasure Hunting, Gold and Coins.

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Offline Rockguy66Topic starter
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« Reply #6 on: May 18, 2011, 03:48:02 pm »
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Hi Karl,

What kind of ad are you running? How do you list it and where, under services? Thats not a bad idea...

@ Homefires - I think all I really want to do with this is to break even, so I get my toys paid for by years end... Smiley

Thanks again all!

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« Reply #7 on: May 18, 2011, 03:55:16 pm »
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Seeing as I am self employed I claim for everything that i by that is work related from diesel to phone bills tools work clothing
So if those coils are part of your tool kit then the ansewer is yes, also I claim for tyres oil and truck servicing and stationary and
my internet connection, If it is work related then claim for it.

I hope this helps.

AU

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« Reply #8 on: May 18, 2011, 04:06:41 pm »
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Here is a copy of one of the ads I run in the Wanted section.

I want to metal detect anywhere within 1 hours drive of xxxxxx. I will share with you anything I find on your property and I fill all holes and take away any trash I dig. Your consideration is greatly appreciated. Thank you.

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« Reply #9 on: May 18, 2011, 04:11:07 pm »
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Also I would offer your services to people like local government and the police ETC?

AU

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