Tom, can you please explain start up cost? Is it that I can claim up to $5k of purchases BEFORE the start of my business? What about if it was in the previous year? And would I claim the full amount or T/S%?

For example, I bought a crib, changing table, pack n play, sheets, rocker, rocking chair, guest bed, decorations, etc. All the things to make the nursery for MY child when I was pregnant the year before I started my daycare. Then when he was born I was open for business and a couple months later I got my first DCKs. So what can I claim of the entire nursery inventory that now is ALL used both by my DS and DCKs?

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