Karaoke Home System
by admin on Thursday, February 26th, 2009 | No Comments
Karaoke- tax deductible?
I am thinking about starting a karaoke business, just hosting weekly events in local establishments. I am wondering first, if I can get a business loan (I own a home) to purchase all the equipment, and/or can those purchases be tax deductible?
I am talking buying the mixing amp, speakers w/ stands, p.a. system, ~2,000 songs on CDG’s, and a tv monitor. Any help would be greatly appreciated!
These items would be deductible. It doesn’t matter what form of business you form. If you just go into business as a sole proprietor, you have unlimited liability. That means that if you default on business debts, creditors can go after your home and other personal assets. An S-corp or LLC can limit your liability, but they can be expensive to form and cost extra in taxes.
The equipment would normally need to be depreciated because it has a usefully life of over one year. It can be taken in one year under certain conditions, but when you sell it, you have to recapture the depreciation taken.
Down Home Karaoke & DJ’s Lighting setup
|
|
HOME CLUB KARAOKE SYSTEM NEO RSQ 22 CDG USB PLAYER CD MACHINE DIGITAL HARD DRIVE $699.00 |
|
|
Memorex MKS-SS1 SingStand Home Karaoke System $25.00 |
|
|
Memorex MKS-SS1 SingStand Home Karaoke System $25.00 |
|
|
Supersonic 5.1 Channel DVD Home Theater System with USB/SD Inputs & Karaoke Func $94.99 |
|
|
RSQ KARAOKE AMPLIFIER 4 HOME CLUB SYSTEM SPEAKER CABLES $259.99 |
|
|
Chinese KTV machine system /same like home karaoke Jukebox/karaoke player. $249.95 |
|
|
Karaoke Hard Drive karaoke harddrive karaoke system professional home cavs scdg $1,087.40 |
|
|
LINE ARRAY SPEAKER FOR HOME THEATER, KARAOKE, PA OR STEREO SYSTEM $60.00 |
|
|
Vintage Pioneer XV-HTD1 NTSC PAL Home Theater System Receiver DVD Player Karaoke $49.00 |
|
|
Karaoke Hard Drive karaoke harddrive karaoke system professional home cavs scdg $1,149.00 |
|
|
Memorex Sing Stand Home Karaoke System Auto Voice Controt Connect Keyboard Duets $97.77 |
|
|
19″ inch touch screen monitor for KTV/ Home karaoke system $390.00 |
|
|
KTV machine system /home karaoke Jukebox +19 inch IR touch screen $708.00 |
|
|
MEMOREX HOME KARAOKE SYSTEM DOCK FOR IPOD IPHONE MP3 PLAYER W/ HEADPHONE JACK $85.99 |
|
|
Supersonic 5.1 Channel DVD Home Theater System with USB-SD Inputs & Karaoke Func $81.99 |
|
|
Home Karaoke System Player 36w Amp Speaker Mic 10 Discs $307.98 |
|
|
HOME Karaoke PLAYER & PA System Audio 2000’s AKJ780B MACHINE CDG MUSIC ADELE $499.99 |
|
|
New Memorex Home Recording Karaoke CD+G System with Monitor, USB/CD/MMC, MKS8591 $89.99 |
|
|
New Memorex Home Recording Karaoke CD+G System with Monitor, USB/CD/MMC, MKS8591 $89.99 |
|
|
Home Bar DVD/CDG Karaoke System Set Party Accessories Singing Music Family Gift $209.95 |
|
|
NAXA 5.1CH HOME THEATHER SYSTEM DVD PLAYER KARAOKE MICROPHONE INPUT NEW $298.80 |
|
|
SUPERSONIC 5.1 CHANNEL DVD HOME THEATHER SPEAKER SYSTEM USB IN INPUTS KARAOKE $118.80 |
|
|
19″ inch touch screen monitor for KTV/ Home karaoke system $390.00 |
|
|
KTV machine system /home karaoke Jukebox +19 inch IR touch screen $708.00 |
|
|
Memorex MKS-SS1 SingStand Home Karaoke System $69.99 |
|
|
Naxa ND-845 DVD Home Theatre System with Progressive Scan DVD Player and Karaoke $59.99 |
|
|
Karaoke system recorder pa cd+g semi professional audio home all in one karaoke $499.99 |
|
|
Home Entertainment System 20″ LCD HDTV w/Karaoke $199.00 |
|
|
New Memorex MKS-SS1 SingStand Home Karaoke System $49.97 |
|
|
Memorex MKS-SS1 SingStand Home Karaoke System $45.78 |
|
|
Memorex MKS8595-BLK Home Recording CD+G Karaoke System, 5.5″ TV, Enhanced Vocals $82.99 |
|
|
MAGIC SING ET18K WIRELESS KARAOKE MIC SYSTEM MACHINE PLAYER HOME CORDLESS DJ 250 $298.00 |
|
|
Memorex SingStand Home Karaoke System-Connect to MP3/IPod/Musical Instruments $39.88 |
|
|
portable complete karaoke system home pro usb audio2000 $699.00 |
|
|
Memorex MKS-SS1 SingStand Home Karaoke System $86.03 |
|
|
Memorex SingStand Home Karaoke System MKS-SS1 $26.19 |
|
|
Vanity Fair Elegant Dinner Napki – 24 Pack $98.29 255 sq in. 15 x 17 in. Elegant dining. Make every dining occasion elegant. Invite Vanity Fair Elegant Dinner Napkins to the table and add an extra special touch to every occasion. Found on better tables everywhere, our luxurious dinner napkins are North America’s No. 1 ultra-premium choice. Wonderfully thick, generously sized, and absorbent, each three-ply napkin features our stylish Monterey Shel… |
|
|
Ultimate Voice Coach – Learn To Sing Like A Star! $33.47 Studio: Gotham (dba Alpha) Release Date: 04/05/2005… |
|
|
VCD Polish Karaoke Volume 10 – Polskie Karaoke 10 $19.95 Polskie Karaoke – Polish Karaoke on Video CD, Volume 10 If you can read in Polish, then you can sing in Polish even if you don’t know the song! Play this VCD on your DVD player or computer and watch the lyrics to the song pop up before your eyes. All you have to do is read them, in a singing nature. This is Polish Karaoke at it’s finest. The lyrics are in Polish. Songs on VCD: 01. Bahama mama – … |
|
|
The Best of Brian McKnight (Karaoke In the Style of Brian McKnight) $8.99 … |
|
|
Tripp Lite ISOBAR6ULTRA 6 Outlet Isobar Premium Surge Protector (3330 Joules) $34.99 MULTI-COMPONENT SUPPRESSION CIRCUITSEXCLUSIVE ISOLATED FILTER BANKS ELIMINATE INTERFERENCE BETWEEN COMPONENTSALL METAL HOUSINGWIDELY SPACED OUTLETS FOR TRANSFORMER PLUGSPROTECTION WIRING STATUS & FAULT WARNING LED INDICATORSLIGHTED POWER SWITCH CONFIRMS POWER ON/OFF STATUSLIFETIME PRODUCT WARRANTY$50000 ULTIMATE LIFETIME INSURANCE6 OUTLETS IN 3 ISOLATED FILTER BANKS3330 JOULES6-FT POWER CORDUPC : … |
|
|
Xantrex 802-1500 XPower 1,500 Watt Portable Powerpack $426.99 The XPower Powerpack 1500 is a portable power system that produces household electricity for products rated at 1500 watts or less. A clean and quiet alternative to a generator, the XPower Powerpack integrates a 60 Amp/hour AGM battery with a 1500-watt inverter and produces a 3000-watt surge. This system is built to run a range of appliances such as a standard size refrigerator and microwave oven, … |
|
|
PF-Power Plug Lock Circuit-Breaker Protected Locking Outlet Strip $42.94 Outlet spacing for bulky transformers that clamps securely lock wall warts in placeMounts securely out of sight in rear of rear5″ AWG power cord15amps with all steel construction design… |
|
|
Sony Omnidirectional Microphone $9.99 OMNIDIRECTIONAL DYNAMIC MICROPHONEFREQ RESP: 100 HZ 10 KHZIMP: 300_9.75-FT CORD3.5MM TO PHONO ADAPTER1-YEAR WARRANTYUPC : 027242561649Shipping Dimensions : 10.75in X 3.75in X 2.25inEstimated Shipping Weight : 0.5464… |
