Evolv-ing Thread

[tiburonfirst]

fingers crossed it'll be a simple fix!

 

[Tpat591]

The IRS (via PP reporting) says I under reported $24,782

I can clearly document co-ops accounting for $24,728.60 and thats not adding give away prizes, etc, just individual co-op records that should match up precisely with PP transactions.

I have not scrutinized Paypal records yet. I am willing to bet the other $53 is from some misc transaction via the classifieds or something. I vaguely remember selling some homemade ceramic wicks for Gennys back then. And I sold them dirt cheap compared to the labor/materials required to make them. Actually, I only sold them as favors to a few folks, they were way too much trouble to make and I had no interest in making more than I needed for myself.

Oh, and PP got paid $774 for their service.
USPS got paid $1,482 for their services.
202 co-op transactions

Add the rest in. Track the time you put in. Show the FULL loss. Better safe than sorry.

 

[mikepetro]

Add the rest in. Track the time you put in. Show the FULL loss. Better safe than sorry.

I have no clue how to track the time put in. It would be into the hundreds of hours. The repackaging could be estimated, the collection of funds could be estimated, the amount of time maintaining communications with the co-op members is something I have no clue how to calculate.

 

[SlickWilly]

I have no clue how to track the time put in. It would be into the hundreds of hours. The repackaging could be estimated, the collection of funds could be estimated, the amount of time maintaining communications with the co-op members is something I have no clue how to calculate.

Just look at how many posts you had in each discussion and actual co-op threads, take a stab at the average minutes per post then multiple. Also add time to read other's posts and throw in some emails and PM's. Round it up to hours like any other professional would do. Every bit helps.

 

[SlickWilly]

And don't forget for the ERM's, time to design, travel time and mileage to machinist and engraver. Time spent researching and searching for the screws, tapes and connectors. Time to sort, count and repackage those as well as the stuff from Evolv. Man, the more I think about it, you spent a ton of time on these co-op's! Pile it o....., I mean add it up!

 

[mikepetro]

Thats actually a question I have for the accountants.

If I count hours, and assign a value, then I am essentially calling it a business. Certainly I could demostrate a loss, easy peasy. But do I really want this called a business? Plus, if I am not mistaken, it might possibly called a "Hobby Business" in which a different set of rules apply.

If I go the non-profit, co-op, route, then I doubt I can apply time to the equation. But would it be strategically better???

I need professional advice as to what the better route is in the long run.

 

[tiburonfirst]

just aim for breaking even.
also, if i'm not mistaken you can only deduct what you have receipts/proof for.
which throws that labor business right out of the window unless you paid yourself. in that case you would have been required to send in the appropriate payroll taxes for being self-employed! you got one can of worms do not add another!
so, stop the fretting if you can and wait till you talk to the accountant!

 

[tiburonfirst]

 

[OhTheAgony]

Drones are noisy by design to discourage poor behavior along those lines and render them useless for that purpose. The cameras have very wide angle lenses and you would need to be a few feet from a person to even take a discernible shot of them. Unfortunately, people have a perception that a unit over 100' in air is actually 10' above their heads, and everyone thinks a drone in the vicinity could only be interested in looking at them and them alone, which in my opinion is a pretty arrogant inflation of one's own self importance to think anyone would want to bother doing so. A drone at 125'-150' provides an image comparable to a Google Earth image at max resolution so its pretty tough to look in peoples windows.

Can a drone be misused to spy on someone? It really is extremely unrealistic due to the noise & camera design to do so. I believe the guys in Va ran away & took the loss on the drone rather than file a complaint because they were misusing it, however, Ms. Youngman (and you) should have called the police and filed a complaint against the operator rather than firing a weapon into the air (which is definitely not a good idea in general & irresponsible as hell in most areas). Irresponsible drone use is just as bad as irresponsible gun use and both should be prosecuted without question. Drone operators are required to register with the FAA for this very reason and are responsible for their safe use according to FAA guidelines and compliance with local privacy laws. Drones have no more than 20 min of flight time total, can be followed, & the operator with the big remote w/ the video screen hanging from his neck is usually pretty easy to spot so figuring out who is responsible usually isn't rocket science for a cop.

There was a case in Kentucky where a guy was arrested for shooting down a drone and was acquitted at the local level by a judge that has no business sitting on the bench and sent a signal to homeowners that it is ok to shoot guns into the air at drones (until someone gets killed by an errant bullet that is) and took witness testimony over electronic records recorded by the drone itself that is now pending at the federal level. The shooter took down the drone and stole the memory card out of the camera so any video of the event that might exist was destroyed (or so he thought) and threatened the drone operator with the weapon when he came looking for the drone (found in neighbors yard so it wasn't even over the guys house). He said the guy buzzed his house several times & was hovering 10' over his property watching his daughter sunbathing (under a canopy). Drone data said he was 272ft in air and footage was recovered from Tablet cache that makes an invasion of privacy claim pretty questionable in my book.

Hillview man arrested for shooting down drone; cites right to privacy

INTERVIEW: Drone owner responds to claims of privacy invasion

Judge rules man had right to shoot down drone over his house

After neighbor shot down his drone, Kentucky man files federal lawsuit

001 Complaint for Declaratory Judgment and Damages 2016 01 05 4849 6171 4476 1

Drone flight path data: https://i.imgur.com/dFZ5241.jpg
Drone Video of flight from Tablet Cache:


Now I ask you, Was this drone operator buzzing this guys house & creeping around looking at this guys daughter under a freaking canopy? Do you for one minute believe he wasn't the one who took the memory card from the drone as a trophy of his kill & to cover his tail end?

Personally, I believe he is right that bird shot probably would not have taken down the drone at 272'. That means he used solid shot. I think he got off a very lucky shot with the "open carry" Glock on his hip (he said the drone hovered long enough for him to get off three shots) rather than run inside for the shotgun during the 30sec the drone was hovering before it was shot down. This idiot could have killed someone and as a result of the judge's order to vacate the charges, someone else may because the judge gave them the right to fire on drones in Kentucky. The judge was reckless, biased & unfit to serve on the bench in no uncertain terms IMHO.

The outcome of the Federal case will be watched closely as this will be a precedent setting case, defining the extent of a property owners air rights & reasonable expectation of privacy vs the FAA designation of Drones as aircraft requiring FAA Registration & therefore allowed to operate in NAS & protected under existing anti-sabotage/interference laws.

I may not be happy with the outcome as a drone operator as I may lose NAS to fly in (right now as per 1946 Causby vs United States it is 83' with 100' AGL - 400' AGL being considered the safe operating altitude. I think they will probably raise that to 200' and call it done, but who knows? Personally I bought the drone for recreation purposes, but also thinking If I needed to inspect the roof or upper areas of a house for maintenance, storm damage documentation or for a potential purchase, I could easily do so-not to creep around looking at neighbors.

I don't want to get too deep in to this because frankly I don't really care, but it was pretty clear what whoever operated this one was doing.

We have a bunch of tall trees surrounding our backyard so they had to go out of their way to get a clear line of sight of where my lady-friend was seated.

Secondly, the drone retrieved the moment I first got the gun and aimed at it, I didn't shot it until it returned for a third time that afternoon.

Lastly, sadly I don't have a firearm, I shot it with a .22 air rifle and it had to be within 20 meters or so when I shot it or I would have missed it the way my red-dot is currently set up.

It came down on an unused driveway between the neighbors and our property. I gathered the bits and pieces and held on to it for a couple of days hoping whoever owned it would come to claim it but they never showed. Too bad, as I would have loved to have a word with that pilot, as well as relief him of his little memory card..

I have not seen another drone above our property since by the way, but I would respond similar if it happened again.

So, let that be a warning to y'all...

 

[BillW50]

I don't want to get too deep in to this because frankly I don't really care, but it was pretty clear what whoever operated this one was doing.

We have a bunch of tall trees surrounding our backyard so they had to go out of their way to get a clear line of sight of where my lady-friend was seated.

Secondly, the drone retrieved the moment I first got the gun and aimed at it, I didn't shot it until it returned for a third time that afternoon.

Lastly, sadly I don't have a firearm, I shot it with a .22 air rifle and it had to be within 20 meters or so when I shot it or I would have missed it the way my red-dot is currently set up.

It came down on an unused driveway between the neighbors and our property. I gathered the bits and pieces and held on to it for a couple of days hoping whoever owned it would come to claim it but they never showed. Too bad, as I would have loved to have a word with that pilot, as well as relief him of his little memory card..

I have not seen another drone above our property since by the way, but I would respond similar if it happened again.

So, let that be a warning to y'all...

My dad was flying RC with his father since the 50's and the 60's. I always loved tagging along. They quit during the 70's and 80's (I went for my pilot's license in the 70's).

My dad picked up RC flying again in the 90's and this time I also started RC flying. He and I continued until his death. I was flying both gas engines and some electric planes and helicopters.

I still fly today, but never in my wildest dreams would I fly over someone else's property without permission. Nor would the people who having been flying for decades would either I don't think.

 

[berger]

personally Mike I think all things considered its best to play a non-profit coop organized buy card...all of your documentation for all costs should be fairly easy to substantiate including shipping costs and misc materials cost., evolve bills..plus the forum history and those spread sheets you had..at the end there may be some minor amounts not provable you might have to pay a minor fee on a minimal sum...I wouldn't let the door crack on the hobby business sheet as gawd knows the way that could turn...it wasnt reported because it wasnt income, just pass through temp coop for wholesale cost purposes for personal use and not a business, hobby or otherwise

 

[dwcraig1]

It's like a ghost town around here today.

 

[Tpat591]

 

[tiburonfirst]

 

[mikepetro]

Crossposting as it is of general interest:

Ha! Wait 'til you read it. I have a PACER account so I've just downloaded it. I'm going to try to attach it. Let's see if it works.

Link back to the original post to get the pDF.

 

[Steamer861]

Aromamizer Supreme Lite (23mm) on sale 24.55 Original Steam Crave 2ml Supreme Lite RDTA

 

[Steamer861]

VT75 nano 68.00 with code "NANO75" Original Hcigar VT75 NANO Box Mod

 

[tiburonfirst]

i need no temptations at the moment, steamer!

 

[Steamer861]

i need no temptations at the moment, steamer!

IDK the 75 nano would get you a tiny mod witch I know you like & in the DNA family, E-Scribe & everything, only 68$ Free shipping
Did I over sell it? LOL

 

[Tpat591]

@KTMRider ,

Just wanted to give you the heads up that I received the Target Mini today with a good portion of my Labor Day orders & of all received it is the favorite. Been evaluating the Original Artery Gold Rush kit vs The New Nugget 2.0 w/ Trace Tank Kit recently & I really do like Target Mini much more as a result (I was never into mini mods).

Damn cute, stylish, Ergononic as hell, & pretty accurate little mod that does darn good for what it is. Your recommendation was well placed & deserved. Good TC, battery that can push a Crown 2 darn respectably but is currently being abused pushing a Cubis w. 0.25ss Notch Coil to darn respectable levels. Way more than this lil Mod was ever built for, but it does it very well. Only time it gets hot is on a recharge that I tried on a 2A supply adapter that I was testing Nugget 2 with. Think I'll recharge off a laptop from now on as a device just shouldn't get that warm recharging IMHO.

Thanks for the recommendation. Worth every penny of the $20 spent.