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re: Can I use my business solely for writeoffs

Posted on 4/8/24 at 6:25 am to
Posted by makersmark1
earth
Member since Oct 2011
16132 posts
Posted on 4/8/24 at 6:25 am to
quote:

had/have an LLC business license in construction that I no longer use


I would imagine this is not allowed.

You have to have a “business” in the functional sense to take “business” expenses/deductions.
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