Most likely to many tax breaks to just waist it!

Kinda like the garbage they try to teach in every business class about 3 out of 5 businesses fail in the first 5 years. All crap!

2 of those 3 businesses that failed were a complete and total success!! They were intended to be tax breaks, intended to fail from the start, and the fact they failed makes them a really big success! Even I have done that! I even got paid a few times to help others do it.

Think about it :)
If you need a tax deduction (writeoff) and want to vacation in a windy area like the Coast or Hawaii, start a windgennie business :)
 Take a vacation to China to look for Neos and Japan to find controllers :)

IRS says you have to make a profit 3 out of 5 years as I recall. Ok you claim the first year as a startup and it's exempt from that, 3 years of losses for deductions, go out of business in the 5th year. That's actaully 4 years of losses you can claim on the 3 out of 5 rule.
In the meantime all those coastal vactions (err, business trips) to sell windmills are legitamate tax deductions. When you close that business go into solar, they have sun there too don't they. And yes I am serious about China and Japan too, as long as it can be shown to be for business in some way. Freinds have done it, I never needed the deductions to do it. (or had gthe money either)

 Figure you also got about 35cents a mile deductions for driving around town and make everything you can a business trip also. Going to Wally world, buy something for the gennies a screw or a tool or something you need, business trip! Grab your other stuff since your already there on business :)
 Wanna take the kids to an amusement park 200 miles away, try to sell the park a windmill, business trip for 400 mile round trip. About $140 mileage deduction right there to help pay for expensive tickets. Just don't get to carried away with it, make it look real!

I set people up for a few of these in the past, but have not kept up with any recent changes in tax laws. I am maybe 5-8 yrs behind any changes, maybe more.

One person I remember very well made about $2,000 real profits, spendable money, and took about $10,000 in LEGAL tax deductions, making a total loss of about $8,000 to offset his other income. He did exactly what was intended and closed the business when he could no longer claim the losses, just opened another the next year for the same purpose.

I think that's why wally-world builds a brand new store and moves to the end of town, then about 3 years latter builds a brand new building acrossed the road and moves to it!! I know about 6 cities where they did that in the last 10 years or so. Some that they moved out of are now Sams clubs, some are just empty. Most likely all tax breaks in some way!

Since I like to drive so much and like west and southwest Texas I have been thinking about importing Mexican paintings and potery maybe some leather. Don't know the market now, but back in the late 70's it was great, and as things have a cycle it should be good now and picking up soon too, if the prices are still fairly low to buy it. That would make all my Texas, New Mexico, Arizona travels a deduction this year. That's alot of mileage!!
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nothing to lose