Doing a side hustle from home is a very attractive idea. It means you benefit from home office tax write offs that allow you to;
Even though some would consider driving for Lyft or Uber as a side hustle, I would not recommend this. It cancels the home office tax write offs and the increased cost of car insurance and wear and tear on a vehicle are factors that decrease your return.
The main benefit of a side hustle from home is that this is the best way to make extra money without increasing tax or being away from your family.
The dream is that your side hustle from home becomes your permanent gig and replaces your day job, which is what happened to me. And, this is easier than any other type of part time business because you pay less tax.
In addition, most people own a computer and you do not need to incur other expenses to start a ide hustle from home. It is not like buying a stainless steel hot dog cart that you need to trailer to an event to make money.
I don’t think anything that comes with an investment is a good idea for your part time business. Increasing your tax benefits make sense but taking a tax rebate and giving it to someone else doesn’t!
In this site you will find lots on how to make money part time that makes sense. Enjoy!
Do your Side Hustle from home! The home-based side hustle benefits are amazing. Read this post to discover why you should. By Smiling Steve™ It is truly amazing that side hustle is now a thing. After all, a few decades ago, no writer would’ve considered using “hustle” in a ad copy or an article. Why? […]