fataltone
Holy Lamb Media & Ent.
what I plan to do with the equipment
next spring/early summer I'm going to start promoting
mixing/production services
and
hopefully get a lot churches/youth groups
to attain my services to run christian praise parties
first I just want to start off more as the DJ of the parties
then
venture into doing
the whole praise party planning from
food/drink/venue/lights/fog stuff/to hosting video game tournament play at the party(I would provide the 10 hdtvs and 5 xbox or ps3)
I will for sure have 5 Wii game systems for sure and 5 more game systems
Pawn shop all the way on the game system/tvs but this later down the line
I haven't decided which system I want to go with besides the Wii
xbox or ps3(variety right)
anyway to the actual equipment
this coming feb. I will have $5,500 to $6,000 to spend on equipment upgrades
1.custom Computer desktop for studio w/2 used 24" hdtvs,not computer monitors) $1,500
2.Komplete 8 $500.00
3.JBL monitors $1,500
4.acoustic treatment $800
5.Furman M-8Lx $100
6.Chauvet 4BAR lighting system $400.00
7.Peavey Audio Performer Pack Portable PA System w/ Mixer, Speakers, Mics, Stands 100watt for $400.00 on MusicianFriend
do you think 100watt is good enough for a party for 50-100 kids in a small dining/dance/wedding hall/parking lot????
I was thinking about buying
8.Native Instruments Traktor Kontrol S(for sure on DJ'in)
and
9.Maschine Mikro
together for DJ'in purposes
which is $650 togehter
what do you guys think?????
thanks for any opinions/comments
I will be writing this stuff off of my 2014 taxes
I think it's 75% of total cost and up to $250,000 by what I read
but tax laws change every year
example below lol
You buy a copy machine for $1,600 at the end of March. Assuming the machine has a salvage value of $400, you can depreciate $1,200 of the cost over the life of the copier. A copy machine is considered 5-year property for tax purposes. Under the normal rules, using the straight-line method, you can take the following deductions in the first three years:
Period
Calculation
Deduction
First year
$1,200 / 5 x 75%*
$180
Second year
$1,200 / 5
$240
Third year
$1,200 / 5
$240
The 75% calculation represents the "half-year convention" for assets not in service the entire year.
For new assets put into use after September 8, 2010, and before January 1, 2012, , however, Congress increased the special 50% bonus depreciation to 100% in the 2010 Tax Relief Act; 50% bonus depreciation is available for qualified property placed in service in 2012. So for five-year property, you can depreciate the full amount in the first year.
-Coach Antonio
"Let Me Handle your next Praise Party"
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*Music Business Professionals Read Their Tips
Elite Services for those Who Want to Attain their Goals
Research and Information Gathering Expert
Building Relationships to Build Success
Get the Information and Direction You Deserve
The Walking On Water Media/Ent. Business Coach Antonio
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