The thing is, hiding income is tax fraud, and makes you a criminal. Want to write off business expenses? Fine, keep records and write them off. It's how you do business.
Calling someone a criminal and fraud.....or actually read what they write and comprehend.......
Yea, I guess name calling is the easy way out.
Exactly
I have not heard one mention of one's time to sell wood to buy another form of energy. Unless you work for free.
For my point, and for my comparison.....factoring ones time is not a consideration.
Selling the wood and taking the money from the sales and buying heat.....vs burning the wood rather than selling.....same labor hours. So they balance out.
Again, I am not arguing about the merits of burning wood. It has alot of advantages. Cost savings "can" be one of them.
But how much savings is what is being disputed. Don't matter how you figure the numbers.
If it takes someone $1500 to buy their heat.......
But they can burn 8 cord a year and not spend a dime with the utility, is that REALLY $1500 saved?
My answer is NO.
You can either look at it like this:
Sell 8 cord for $1200, and buy heat for $1500
Which means on $300 save by burning.
Or you can factor your labor hours to cut 8 cord at $1200, and still only be saving $300. Don't matter to me.
Again, I repeat, there are many reasons why people.like burning wood. I'm not trying to change anyone's mind on that. I grew up burning 8-10 cord a year, heat my shop with wood, my last shop with wood, and my current house for 2 years on wood. I know every aspect of burning wood.
The debate is on saving money with wood. And people have a false belief that they are saving alot more money than they actually are by burning wood. Because wood has value.
Now whether you want to factor that value as a dollar amount you could sell the wood for, or if you want to assign a dollar value to your labor to cut it....don't matter to me.
Point is, someone who goes from $1500 utility bill; to heating with wood and a $0 utility bill....the savings is nowhere near the $1500 that is claimed. Because wood HAS VALUE.