If you are going to create an LLC and claim business expenses for your hobby, you need to be sure you’ll turn a profit within a few years. (It will need to become a job and not just a hobby) Claiming losses over several years is a surefire way to get yourself audited. Even if you win you’ll be spending dozens, if not hundreds, of hours providing documents and info to the IRS (they’ll even make you provide your past tax returns, even though they already have them) Or you can shell out thousands of dollars for a tax lawyer in hopes of reducing that time.
It sounds nice to be able to deduct hobby expenses, but just know what you’re signing up for before you do it.
Mel, I checked into uShip a couple of times to get lumber from the Nashville area to Houston and the only folks with reasonable rates were those with flatbed trailers, thus leaving the wood open to rain. I found carriers like AAA Cooper to have the best rates. What’s your secrete?