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Socialism fact of the Day: Venezuela inflation tops 43,000%

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Comments

  • 2001400ex2001400ex Member Posts: 29,457

    2001400ex said:

    haie said:

    Losers who run burger joints !== winners who profit off of the tech industry...

    I don't run a burger joint. That's an investment. And a tax write off. I've actually only taken about $3,000 out of it plus they pay my cell phone bill. But I get a loss in my tax return that saves me a couple thousand every year. Basically the two people who run it pull salary so it cash flows zero, I get a loss because of depreciation and write off of unreimbursed partnership expenses.

    They being said, my day job is working with @Swaye people.
    Sounds like someone needs a visit from the IRS...
    There is material participation.

    HTH
  • MikeDamoneMikeDamone Member Posts: 37,781
    2001400ex said:

    2001400ex said:

    haie said:

    Losers who run burger joints !== winners who profit off of the tech industry...

    I don't run a burger joint. That's an investment. And a tax write off. I've actually only taken about $3,000 out of it plus they pay my cell phone bill. But I get a loss in my tax return that saves me a couple thousand every year. Basically the two people who run it pull salary so it cash flows zero, I get a loss because of depreciation and write off of unreimbursed partnership expenses.

    They being said, my day job is working with @Swaye people.
    Sounds like someone needs a visit from the IRS...
    There is material participation.

    HTH
    Then you have nothing to worry about when the pay you a visit..
  • BasemanBaseman Member Posts: 12,366
    2001400ex said:

    2001400ex said:

    haie said:

    Losers who run burger joints !== winners who profit off of the tech industry...

    I don't run a burger joint. That's an investment. And a tax write off. I've actually only taken about $3,000 out of it plus they pay my cell phone bill. But I get a loss in my tax return that saves me a couple thousand every year. Basically the two people who run it pull salary so it cash flows zero, I get a loss because of depreciation and write off of unreimbursed partnership expenses.

    They being said, my day job is working with @Swaye people.
    Sounds like someone needs a visit from the IRS...
    There is material participation.

    HTH
    Pop off when you get a W2 or 1099!
  • PurpleThrobberPurpleThrobber Member Posts: 44,151 Standard Supporter
    2001400ex said:

    Sledog said:

    Sledog said:

    Sledog said:

    2001400ex said:

    Be afraid. Socialism is coming to a politician near you.

    Since your're way left Hondo I was wondering if your burger joint pays a "living wage".
    Hondo? Hondo?
    So evidently Hondo just thinks every business owner but him needs to pay a burger flipper enough to support a family of 4.
    My restaurant is in Montana. You can live on $3 an hour.

    HTH
    Maybe in shitholes like Miles City or Havre.

  • SledogSledog Member Posts: 33,839 Standard Supporter
    2001400ex said:

    2001400ex said:

    haie said:

    Losers who run burger joints !== winners who profit off of the tech industry...

    I don't run a burger joint. That's an investment. And a tax write off. I've actually only taken about $3,000 out of it plus they pay my cell phone bill. But I get a loss in my tax return that saves me a couple thousand every year. Basically the two people who run it pull salary so it cash flows zero, I get a loss because of depreciation and write off of unreimbursed partnership expenses.

    They being said, my day job is working with @Swaye people.
    Sounds like someone needs a visit from the IRS...
    There is material participation.

    HTH
    Lois Lerner may not think so. I put a Trump bumper sticker on your Prius.
  • 2001400ex2001400ex Member Posts: 29,457
    Baseman said:

    2001400ex said:

    2001400ex said:

    haie said:

    Losers who run burger joints !== winners who profit off of the tech industry...

    I don't run a burger joint. That's an investment. And a tax write off. I've actually only taken about $3,000 out of it plus they pay my cell phone bill. But I get a loss in my tax return that saves me a couple thousand every year. Basically the two people who run it pull salary so it cash flows zero, I get a loss because of depreciation and write off of unreimbursed partnership expenses.

    They being said, my day job is working with @Swaye people.
    Sounds like someone needs a visit from the IRS...
    There is material participation.

    HTH
    Pop off when you get a W2 or 1099!
    Actually it's a K-1 that I get from that.
  • KaepskneeKaepsknee Member Posts: 14,885
    2001400ex said:

    Baseman said:

    2001400ex said:

    2001400ex said:

    haie said:

    Losers who run burger joints !== winners who profit off of the tech industry...

    I don't run a burger joint. That's an investment. And a tax write off. I've actually only taken about $3,000 out of it plus they pay my cell phone bill. But I get a loss in my tax return that saves me a couple thousand every year. Basically the two people who run it pull salary so it cash flows zero, I get a loss because of depreciation and write off of unreimbursed partnership expenses.

    They being said, my day job is working with @Swaye people.
    Sounds like someone needs a visit from the IRS...
    There is material participation.

    HTH
    Pop off when you get a W2 or 1099!
    Actually it's a K-1 that I get from that.
    Any chances of that camping trip you were talking about involve an assault on K-2??!



    Axein for a mortician friend of mine in Spokane that specializes in frozen cadavers.

    Either way. Good luck the rest of the way.
  • 2001400ex2001400ex Member Posts: 29,457
    salemcoog said:

    2001400ex said:

    Baseman said:

    2001400ex said:

    2001400ex said:

    haie said:

    Losers who run burger joints !== winners who profit off of the tech industry...

    I don't run a burger joint. That's an investment. And a tax write off. I've actually only taken about $3,000 out of it plus they pay my cell phone bill. But I get a loss in my tax return that saves me a couple thousand every year. Basically the two people who run it pull salary so it cash flows zero, I get a loss because of depreciation and write off of unreimbursed partnership expenses.

    They being said, my day job is working with @Swaye people.
    Sounds like someone needs a visit from the IRS...
    There is material participation.

    HTH
    Pop off when you get a W2 or 1099!
    Actually it's a K-1 that I get from that.
    Any chances of that camping trip you were talking about involve an assault on K-2??!



    Axein for a mortician friend of mine in Spokane that specializes in frozen cadavers.

    Either way. Good luck the rest of the way.
    Thanks bruh.
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