Recent comments in /f/jerseycity

JeromePowellAdmirer OP t1_jcrceho wrote

It's not true. You can only write off maintenance and repairs and maybe depreciation of the appliances. The key thing is you have to actively spend money on the property in order to write it off, which means it loses money on net. You can't claim a deduction for lost income.

2

gigiwasabi_jc t1_jcr2end wrote

It’s the hypocritical and ill-informed moral panic and bullying of small business owners who would open a place that looks and runs basically like a pharmacy… for me. (And I don’t even smoke weed. I’m just so tired of this nonsense. Take that righteous energy and direct it at ANY other real problem this city has.)

5