rainjer

Newbie from Washington State

Recommended Posts

Another one with a seamstress for a wife! Welcome it seems as if you've been on a wild ride. There is a lot of good to come out of this place hope you stick around.

Share this post


Link to post
Share on other sites
1 hour ago, RichardA said:

Isn't it difficult to extract anything out of that top drawer?

It is by design. The table extension is only used when she is sewing pieces or quilting.. The drawer is actually the shelf support. It aligns to the main top with 2 tapered dowels. When not in use it stores under top next to the drawers. The top also has an 18” extension on the far side the entire width that fold up using 2 folding shelf brackets.

  • Like 1

Share this post


Link to post
Share on other sites

Welcome to the forums Jeremy.  We have a good bunch here.  Looking forward seeing some more of your work.

Share this post


Link to post
Share on other sites

Welcome Jeremy where in Washington are you located? I live on the west side in a town called Rochester about 20 mi south of Olympia look forward to seeing some projects from you good luck.

                              Dave

Share this post


Link to post
Share on other sites
7 hours ago, higtron said:

Welcome Jeremy where in Washington are you located? I live on the west side in a town called Rochester about 20 mi south of Olympia look forward to seeing some projects from you good luck.

                              Dave

I am in Marysville, 45 miles north of Seattle.

Jeremy

Share this post


Link to post
Share on other sites

Now that you own your home, built your shop and are back to woodworking I recommend starting a small business featuring custom furniture from clients designs. You could also do furniture repair, but stay out of refinishing, too much liability for your mistakes. The portion of your home used as a shop becomes an expense, along with the purchase of any new tools. Do you see where I am going with this? A wise choice would be to secure from Marysville and WA State your business license and become an LLC. How many of your friends have a "free" hobby that may even result in a second job that you love to pay your mortgage?

Share this post


Link to post
Share on other sites

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. 

  • Like 1

Share this post


Link to post
Share on other sites
5 hours ago, Retired in Tokeland said:

The portion of your home used as a shop becomes an expense, along with the purchase of any new tools. Do you see where I am going with this? A wise choice would be to secure from Marysville and WA State your business license and become an LLC. How many of your friends have a "free" hobby that may even result in a second job that you love to pay your mortgage?

This isn't as easy as it sounds.  Like John said you need to show a profit pretty quick be for it is looked at as a hobby by he government.  Then you could very well end up paying back taxes from the point you first stated righting things off.

Talk to your accountant for sure.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.