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Lenin (programming.dev)

submitted 1 year ago by sizeoftheuniverse@programming.dev to c/memes@lemmy.ml

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[–] SneakyThunder@sh.itjust.works 3 points 1 year ago (1 children)

The possession of personal property can’t earn you any money

If I understand it correctly my laptop and 3d printer, are private property since I can make money with those...

[–] TrismegistusMx@lemmy.world 0 points 1 year ago (1 children)

No you can't. You have to create a legal entity before you're allowed to make money.

[–] SneakyThunder@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago) (1 children)

I'm not sure if thats required here, but it's totally possible without asking for government permission

Edit: i might be wrong here because of "legal speak" language barrier, but if I understand correctly you can make money from your business as a regular person just fine (legally). There's just a limit on how much you can earn before needing yo register as a business

[–] TrismegistusMx@lemmy.world 1 points 1 year ago* (last edited 1 year ago) (1 children)

You can make exactly $600 per year off your personal property before you run afoul of tax laws in the USA.

[–] SneakyThunder@sh.itjust.works 2 points 1 year ago

Thats sad(

There its ~25k$ IIRC. (Although doesn't count net profit, just all money you recive)

But there's huge gray market here, and I'm sure US has it too