5 replies to this topic

[abales]

I am about done with relatives and friends - just kidding - but the ones that really want stuff done have their windows now.  Wife says no more (5 and done).  So I need others & maybe I will walk the streets soliciting....custom work in the neighborhood from neighbors.  

 

Feel free to write whatever you want. 

 

Here is what I was thinking - Make some windows for local area nursing homes:

 

Put down $1000(42" x 34" ?) on taxes each, and get back ~$250 to cover materials and I just work for free.  Just crank out a set of 5~6 windows a year and use that to make my charity donation amount go above the standard deduction for taxes. Can this work?

 

Anyway, almost all nursing home/hospital/extended care windows here are just like this image, a ~42"x 34" with the inner plastic bar pattern (4x2 = 8 squares).  Double windows, top fixed and the bottom rises up. 

 

 

 

 

PS I'd love to go downtown and try to get contracts for the new lofts under construction, older housing rehabs, or new store fronts or something. After I retire from IT work and find something more entertaining, house paid off, yada yada, then start up a biz and do some custom work.  I love starting businesses & sales - done a few and never regretted it, its like drug.  

 

[Tod Beall]

a. Ask your accountant.

b. Ask those contractors for a chance to bid on work for their projects. Have a portfolio of some sort ready.

c. Have fun!

[annabelle]

What Tod said....

[abales]

Thanks!  I was talking with my sister, an accountant, but I was thinking she was being too easy saying "pretty much you can just do it and put down $5000~10000 for a few windows".  IDK.  She was "IRS can't really tell what the value of the art your donating is".  As a guy that has/does/will run businesses the idea of just such vague deductions sounds like a good way to wind up in an IRS hell. Heck with that.  I'd pay an extra few hundred just never to be audited.  I don't mind taxes, its like death, your not getting out of it - no one does.  Don't make it worse than need be & don't do stupid stuff.  

 

I don't want full time glass work yet, that's a few years from now if I go part time on my day job.  I think part time glass work could work for rehab buildings that have rooms with crappy views (like overlooking another roof & HVAC units, or into the walls of the next building).  I got an attack dog personality on ahad meds so I can sell.

[Tod Beall]

Keep it real!

[WayneFL]

The IRS can tell the value of items by asking for price evaluations by experts.  It's called appraising and they run into it all the time with art works.