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what about if you purchased this laptop or camera a year ago when you werent in business but now youre in business can you get a tax deduction for those items so if this is your first time watching my name is navi mirage and im a cpa that helps small business owners save thousands of dollars in taxes i do that by producing content on youtube and other social media platforms and teaching you how to apply various strategies in your business so if that sounds like some of the content you want to be taking in then i would recommend subscribing because thats what my channel is largely about now what about if you purchased equipment like lets say a year ago and now youve decided to become a realtor or a youtuber and so youre using your laptop or your camera um in your business how do you handle those expenses right or those assets that you purchase so you can still get a business deduction for this believe it or not but it works a little bit differently than the stuff i explained ear