Did a lil reading up and found out that essentially without getting to detailed as long as your "in it for the money"(ie..to make a profit) as your main incentive. Your good
I like this idea, its where my thought process stands at the moment. Though if it start to take shape or if I start just supling reptiles for the pet store ill def talk with a lawyer. And my meeting for my accountant is long overdue
i would be helpful to know what hobby based businesses do you run, any in the pet industry. At what threshold did you pass for it to be considered a business and not a hobby?
As previously stated, if you do show a loss for at least 2 consecutive years out of five could cause your home-based business to be re-coded. I see more issues with small businesses and sales tax though. Many states have laws that say if you sell more than two animals in a 12 month period you...
...and yet you gave me probably the most important piece of information I wanted to know. And yes that's why I kept my comments related to taxes vague no need for unnecessary attention. What they consider a business and how large I was already planning on making my collection is more or less...
Thanks reefercheefer,
I guess no one read post anymore..Throughout this thread I thoroughly explained my purpose and intent.
-Money is not a problem, if I wanted I could buy a couple parons and try and real breeding venture
-I have a strong work ethic unlike many people who we see come and...
Please don't worry about me I'm the least the get offended that's just a part of the "different". You all have valid points I need to weigh on. I chose this forum because of the sensitivity of chams. I keep a variety of pets and is subscribed to many different forums. I figure ill get the best...
With all of that being said I absolutely love breeding Chameleons! I would encourage anyone to give it a try at least once :D
That sound like a good number I was thinking nosey be I may keep my veileds I have now. Maybe a MIT pair, and grow out my ambi pair I have now. And the passion...
Between welfare and expense, I'll say I am a little different when it comes to the pet hobby. Welfare wise I cut no corners in care and my pets get proper supplements and feedings. Expense wise, I didn't want to tell my personal business over the forums but I am getting a nice sum of money I can...
"Granted these are chickens not chameleons, but the needs and costs are not dissimilar."
Holy cow man that sounds horrible, thank god we dont have deformed chameleons around. :eek: Ive had my share of disappointing grow out ventures. The key is having the ability to house the leftovers. With...
Not to say my sole purpose is a tax write off(but part of reason want official license)but my collection will steadily grow and I will have a variety of different pets, some of which the petstores want me to also lost thier inventory so it's a joint venture of sorts. And yes I have raised a few...
I had a recent conversation with a pop/mom type petstore owner and he inquired about online pet businesses. Anyone who has a website as a main source of selling their chams, do yall have a small business license? I am located in maryland so we don't require a permit to breed and sell nonnative...