I love the playing, but the driving sure sux!
I would hate that too. Luckily, I live on an island which is only 26 miles wide - half an hour at most to get home from gigs!Steve.
wow.. must be nice!! The closest regular gig to my house is 38 miles.. the furthest is 82.
my closest was 25, farthest was about 50
Because it's on your depreciation schedule and you have to list every year the equipment that you have depreciated and if you've sold it, report the income.
Some folks do things legit. some do the I retired and all the inventory fell off a truck into the landfill and here the tippage fee receipt kind of thing.
What happens as far as tax is concerned, if you just give it all away?Steve.
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