As the title implies I'm new to scrapping. I've started collecting scrap as a little side business to supplement my income, however I've yet to go to the scrapyard and cash anything yet. I'm collecting e-waste, ink cartridges, as well as anything metal, of course. I've got a nice collection of aluminum cans, aluminum from computer towers (checked with magnet), computer parts, an old alternator from my car, steel fencing, several old bikes, old broken steel dog food dispensers, iron items, and other misc. steel items. I'm saving it all up until I have enough to make it worth the drive. I've got a regular day job, but I'd like to operate my scrapping as a sole proprietorship to take advantage of tax savings if I can. I plan on hauling in my scrap 3-4 times a year, possibly investing in a trailer and deducting it as a business expense (as well as mileage for my truck) to maximize my profitability.
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