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Average booth rent for salons 2021

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Booth Rent. This may be your biggest expense, and of course you can write off the full amount you pay weekly or monthly. If you have to pay a portion of utilities like electricity and water, you can write those off as well. Report rent paid on line 20b (other business property rental) and utilities on line 25 of Schedule C.

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Take all the factors into account and run both formulas. For this example let's assume the middle of the road seems best. $530,000 X 30% = $159,000 + $22,500 (fair market value of inventory). Total = $181,500. 2.5 X $90,000 = $225,000 + $22,500 (fair market value of inventory). Total = $247,500. Splitting the two numbers above and taking all.

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Blown Away Salon has hairstylist booth for rent in the salon and a large upstairs Private Suite available for rent for your business! ... The Private Suite would be ideal for a Beauty Professional, Massage Therapist, Nail Tech, Acupuncturist, Chiropractor, Reiki Specialist, or any other professional looking for a space to run their own business.

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