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Landscaping as a side business...
#4122263
04/25/24 02:28 PM
04/25/24 02:28 PM
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Joined: Dec 2001
Posts: 13,912 AL
hunterbuck
OP
Booner
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OP
Booner
Joined: Dec 2001
Posts: 13,912
AL
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I have a friend who's picked up a couple of businesses to take care of their landscaping. Problem is, he's never done it before. He keeps a nice yard, so I think he has the "job" part down. Anyhow....
He has an older residential model zero turn, and weedeater, edger, and backpack blower as well.
I told him that the mower probably wouldn't hold up too long, and he'd probably have to think about upgrading in the near future. Not really what he wanted to hear.
I did mention to him that there should be some tax writeoffs involved with buying new equipment, as well as probably mileage as well. However, I told him not to take my word on that, because I'm no accountant.
So, I told him that I knew of a place that I could ask a few people that do landscaping as a side business to see what kind of tax writeoffs there are...and that place is here.
What say ye, side-business landscapers?
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122265
04/25/24 02:30 PM
04/25/24 02:30 PM
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Joined: Sep 2012
Posts: 14,317 ArmPit of the south
DeerNutz0U812_
Booner
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Booner
Joined: Sep 2012
Posts: 14,317
ArmPit of the south
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I wish I could get a landscaper to call me back or even show up.... Sounds like he's just in the grass cutting business...
Did you know that Beer Nutz are over a Dollar...and Deer Nutz are under a Buck...
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Re: Landscaping as a side business...
[Re: DeerNutz0U812_]
#4122266
04/25/24 02:32 PM
04/25/24 02:32 PM
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Joined: Mar 2013
Posts: 14,630 Clanton
Turkey_neck
Booner
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Booner
Joined: Mar 2013
Posts: 14,630
Clanton
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I wish I could get a landscaper to call me back or even show up.... Where are you and what do you need done?
Would walk over a naked woman to get to a gobblin turkey!
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122270
04/25/24 02:37 PM
04/25/24 02:37 PM
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Joined: Sep 2012
Posts: 14,317 ArmPit of the south
DeerNutz0U812_
Booner
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Booner
Joined: Sep 2012
Posts: 14,317
ArmPit of the south
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Im in calhoun county...and I need flower bed ripped out and redone and a little bit of land clearing...Nothing too bad but I was thinking of a retaining wall there also....
Did you know that Beer Nutz are over a Dollar...and Deer Nutz are under a Buck...
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122273
04/25/24 02:42 PM
04/25/24 02:42 PM
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Joined: Mar 2013
Posts: 14,630 Clanton
Turkey_neck
Booner
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Booner
Joined: Mar 2013
Posts: 14,630
Clanton
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Equipment and fuel are write offs anything he buys for the jobs or machines.
Would walk over a naked woman to get to a gobblin turkey!
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Re: Landscaping as a side business...
[Re: DeerNutz0U812_]
#4122274
04/25/24 02:43 PM
04/25/24 02:43 PM
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Joined: Mar 2013
Posts: 14,630 Clanton
Turkey_neck
Booner
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Booner
Joined: Mar 2013
Posts: 14,630
Clanton
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Im in calhoun county...and I need flower bed ripped out and redone and a little bit of land clearing...Nothing too bad but I was thinking of a retaining wall there also.... I don’t know anyone up that way.
Would walk over a naked woman to get to a gobblin turkey!
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122275
04/25/24 02:52 PM
04/25/24 02:52 PM
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Joined: Nov 2015
Posts: 14,110 Chilton County
MarksOutdoors
Booner
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Booner
Joined: Nov 2015
Posts: 14,110
Chilton County
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I started as a side business. Four years later, things were good enough that I turned in my resignation at my FT job and began my time FT in lawncare. Best decision I've made for a vocation, thus far.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him." -G. K. Chesterton
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122286
04/25/24 03:15 PM
04/25/24 03:15 PM
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Joined: Nov 2005
Posts: 3,834 Jasper
buckhunter2
10 point
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10 point
Joined: Nov 2005
Posts: 3,834
Jasper
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Landscaping is not the same as lawn care.
Sounds like your friend wants to start a “lawn care” business.
If this is just a side gig, He’d be money ahead to keep everything off the books and operate as cash only. Tax burden > Tax benefits
If he’s gonna operate a legit lawn care business then he’ll need business licenses, DOT registration, etc and have the luxury of giving Biden a large % of his profits.
You're only as good as your worst shot-
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Re: Landscaping as a side business...
[Re: Turkey_neck]
#4122310
04/25/24 04:13 PM
04/25/24 04:13 PM
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Joined: Dec 2015
Posts: 22,224 blount county alabama
jwalker77
Pumpkin
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Pumpkin
Joined: Dec 2015
Posts: 22,224
blount county alabama
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Equipment and fuel are write offs anything he buys for the jobs or machines. I write off just about everything, between farming and tree cutting business and my wife cleaning houses, i can figure out how just about anything is a deduction
Last edited by jwalker77; 04/25/24 04:13 PM.
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122312
04/25/24 04:18 PM
04/25/24 04:18 PM
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Joined: Feb 2007
Posts: 19,006 colbert county
cartervj
Old Mossy Horns
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Old Mossy Horns
Joined: Feb 2007
Posts: 19,006
colbert county
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It’s called living thru your business
Mine was a sole proprietorship another formed ran his as a S Corp. LLCs offer some advantages but you still can be sued It all “depends” so meet up with a CPA or tax advisor.
“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122318
04/25/24 04:47 PM
04/25/24 04:47 PM
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Joined: Dec 2004
Posts: 18,860 .
ford150man
Old Mossy Horns
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Old Mossy Horns
Joined: Dec 2004
Posts: 18,860
.
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I’m more curious how he managed to pick up a few businesses when he’s never done it before at all. Buddy of mine has been in the business for about 4 years and has just started getting commercial jobs. The problem with trying to operate on a “cash only” basis with commercial jobs is that they want to pay with a check so they can call it maintenance and take some off in taxes, I imagine.
If voting made any difference, they wouldn’t let us do it.-Mark Twain
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Re: Landscaping as a side business...
[Re: ford150man]
#4122375
04/25/24 07:09 PM
04/25/24 07:09 PM
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Joined: Dec 2001
Posts: 13,912 AL
hunterbuck
OP
Booner
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OP
Booner
Joined: Dec 2001
Posts: 13,912
AL
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I’m more curious how he managed to pick up a few businesses when he’s never done it before at all. Buddy of mine has been in the business for about 4 years and has just started getting commercial jobs. The problem with trying to operate on a “cash only” basis with commercial jobs is that they want to pay with a check so they can call it maintenance and take some off in taxes, I imagine. I'm sure it's some small-town, "friend" deals...but like you mentioned, I'm also sure these couple of businesses are wanting to keep it on their books for tax purposes. When I say he keeps a nice yard...he keeps a REALLY nice yard. He does his mom's yard too, and it's also really nice. He knows what he's doing with yard equipment. He has a really good job with great pay and good benefits, but like with a lot of other folks...he hasn't been super smart with his money and he's starting to look ahead to retirement. He does have a favorable work schedule for this as a side job, though.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: Landscaping as a side business...
[Re: hunterbuck]
#4122459
04/25/24 09:26 PM
04/25/24 09:26 PM
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Joined: Mar 2005
Posts: 4,472 Bama
Bulls eye
10 point
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10 point
Joined: Mar 2005
Posts: 4,472
Bama
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Been in the lawn maintenance landscaping business for over 30 years. All equipment can be written off, plus mileage on your vehicle, and gas for your equipment. Basically anything you use business wise can be written off. He may not need it now but if he starts making good money a good accountant is well worth it. Also, buy the absolute best equipment you can afford. It will last way longer than cheap junk and make you way more than you pay for it. If he is just doing it part time I would file as a sole proprietor but if he starts making good money he will want to consider creating a S Corporation. That way he can take a percentage of his earnings as dividends and not have to pay Social Security on that portion.
Last edited by Bulls eye; 04/25/24 09:30 PM.
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