Carlton Dennis turned golf into a six-figure business by offering instruction on tax strategies and asset protection during rounds. The 2017 tax law killed entertainment deductions, but 1099 contractors can still write off golf as a business expense. His service booked solid within three weeks.
Chapters
Can you write off golf or watches or any other lifestyle things like that? Within my first 2 years, I made 6 figures playing golf, and I'll teach you how I did it. This is very funny. Donald Trump had the Tax Cuts and Jobs Act, got rid of entertainment expenses. You can't go to a baseball game or just write off golf anymore. It has to be an ordinary, necessary, reasonable expense in the pursuit of income, which means I would have to be like a 1099 contractor making money if I wanted to write off golf. Hmm, what if I became a 1099 contractor and I made money and I wrote off golf? I added a tab, carltondennis.com, that said Golf with Carlton. When you come and golf with Carlton, we'll talk about asset protection, tax strategies, real estate, income shifting strategies. Within 3 weeks, I was booked up to play golf. Within my first 2 years, I made 6 figures playing golf.