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Buying another flea market business..is it worth it?
im thinking of buying an existing flea market stand that sells hats
price is just 15k...but the booth only sells about 3k a month
so to pay it back..wed be selling there for over a year.
however the initial investment is tax deductible..and it will create a job for my wife or one of her friends.
Bad decision?
i was thinking 6k-9k would be more fair.
the only valuable thing we get is it is a well known stand that has been selling hats for 6 years
any input? im mostly interested to hear about tax considerations...
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