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Old 04-02-2008, 06:06 PM   #9
HumanePain
 
Join Date: Aug 2006
Location: the concrete and steel beehive of Southern California
Posts: 7,449
Blog Entries: 4
I would recommend renting it first, since you would be a business entity the rent expense would still be tax deductible but far more affordable than if you bought it. Then later if successful you could offer to buy it. This way you don't have a huge financial obligation (including property taxes) hanging over your head if you bought it and then found out you were a flash in the pan. I love your talent and ideas dude, and I don't mean to crush your dreams, but I am just suggesting a realistic alternative with a way out, just in case. But an AWESOME idea man! Be sure to hang a few bats from the ceiling.
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