| It's a dream shared by millions around
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| | hobby up as a legitimate business with:
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| the world -turning their hobby into a
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| | business cards, a separate set of books,
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| business; actually making money from
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| | a separate business bank account,
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| doing what they love. It's what
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| | advertising, business cards, etc.You
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| journalists and authors do when they
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| | should also make sure to obtain all the
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| write. It's what mechanics do when they
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| | required business licenses and permits.
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| tinker on motors and get paid for it.
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| | For those of you, who love to travel,
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| It's what artists do when they draw,
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| | consider how nice it would be to have
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| sculpt, or paint.When you're in a
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| | your travel and entertainment expenses
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| business that you love - it's more like
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| | deducted from your taxes as a business
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| "pleasure" than "work." The difference
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| | expense. It happens every day, all
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| you'll feel leaving "working for a
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| | around the world.Two great resources for
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| living" for "doing what you love" is
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| | further information are: Home Business
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| astounding. Imagine what the person who
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| | Tax Deductions: Keep What you Earn by
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| loves to bake feels when they bring the
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| | Stephen Fishman, and Women Biz Mentors,
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| loaf out of the oven and smell the
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| | where experienced business women mentor
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| overwhelming aroma of fresh-baked bread,
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| | other women who want to start their own
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| hear the customer exclaim "mmm," and hear
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| | business.You may be someone who engages
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| the cash register go ka-ching at the same
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| | in your hobby part-time and you
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| time.Tiger Woods once said, "I get to
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| | "accidentally" made income from it.
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| play golf for a living. What more can you
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| | That's how a lot of hobby businesses
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| ask for - getting paid for doing what you
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| | start too. You sold a friend some
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| love."Back when I began my career, I was
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| | outdoor furniture you made in your hobby
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| skeptical about being able to survive as
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| | shop; word got around; and soon, you were
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| a writer; because I'd heard so many
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| | making money on the weekends, just
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| 'starving writer' stories. My first job
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| | because you liked woodworking.The guy who
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| was as a secretary, but in my personal
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| | loves exotic sports cars may broker the
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| time, I wanted to research things and
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| | sale of a few each year just to support
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| write books, articles, poetry,
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| | his own "passion" for cars. Nuts for
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| songs-anything. People were always
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| | Cars, one of the businesses I write for,
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| coming to me to write their resumes and
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| | began because three friends were
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| speeches, to help with their essays and
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| | searching for car events to attend one
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| reports, or to fill out their paperwork.
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| | weekend and couldn't find anything in the
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| Yet, I was actually in my 30s before I
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| | local newspapers or magazines. Later on,
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| finally got around to believing that my
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| | they learned they'd missed a big car show
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| real love and talent-writing-could become
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| | that was near them. So they solved their
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| a viable career and a business.Maybe
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| | problem - and in the process, created a
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| you're one of those people who have
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| | viable business-by getting together to
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| discovered that your hobby is expensive
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| | create an auto event club and online
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| to maintain, and you'd like a way simply
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| | directory of auto events.Could it be that
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| for your hobby to 'pay for itself'.
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| | Shakespeare was really enlightened when
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| That's the case of a man I know who loves
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| | he said:"This above all: to thine own
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| flying his airplane, looking at all
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| | self be true; And it must follow, as the
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| different types of airplanes, and talking
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| | night the day, Thou canst not then be
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| about airplanes (this man has miniature
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| | false to any man."Take a few minutes
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| airplanes on his "second" Christmas
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| | today to consider what you love to do.
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| tree). After retiring from his "real"
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| | Do you find yourself always talking about
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| job, he merged his work with his hobby,
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| | your hobby or favorite interest? Do
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| and now he gets paid to manage the
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| | other people say you're really good at a
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| airport where he keeps his plane. Many
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| | particular skill or talent? Whether you
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| businesses and careers have been started
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| | use your hobby/talent/passion as a tax
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| for that reason.Business savvy
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| | shelter; use it simply to make your hobby
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| individuals and tax attorneys may share
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| | pay for itself; or use it to make your
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| with you a semi-guarded trade secret:
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| | fortune, it is worth your time to
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| You can deduct hobby losses from your
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| | consider making your hobby a business
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| main income if you can prove the hobby is
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| | today. Life is too short to spend it in
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| a legitimate, profit-motivated business.
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| | a miserable job if you don't have to, and
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| That means you must be engaged in the
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| | you give your best to the universe when
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| activity "for profit." If you want to go
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| | you operate within the sphere of your
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| that route, you will need to set your
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| | primary talent.Sally H.
|
