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Reply to "If I rent an apartment to use primarily as a studio..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Rent and utilities can be deductible business expenses. Keep good records. [/quote] And make sure the lease is under an LLC not your name. Keep the finances separate. My niece is an influencer and has an apartment she uses just for filming. It's under her LLC and she gets to deduct the business expenses related to it. [/quote] What's her OF? [/quote] She does those ADIML, GRWM, and haul videos that tweens and teen girls love. I don't get it, I really don't. Why is watching those videos entertaining? She has a ton of followers and gets paid big money for her brand posts. I and her parents have told her to enjoy it while it lasts and have all strongly encouraged her to go to college. She's taking a "gap year" right now but has told her followers that she's not ever going to college because she's not an academic type. So, no OF yet. But is she going to do this for the next 10 years? For life? At some point even your biggest fans aren't going to care what is in your 15 shopping bags after a shopping spree. [/quote]
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