Is this tax dedutable?
So, back in January, I really got into perfumes and colognes. I have been dieting and exercising like crazy and have gone from around 550 Ibs to 350 Ibs over the last year. I've basically been experimenting with things that affect my appearance so I'll look good when I finally reach my ideal weight. Basically, I've been experimenting with clothes, watches, and fragrances.
Anyway, like I said, I started trying a lot of different colognes and perfumes. I got so involved in it that I've spent maybe $15,000 on scents in the last 5 months. Back in March, I transitioned from just wearing fragrances to actually learning how to make them. The chemistry is fascinating.
From that point, I looked to see if there was any decent fragrance-making/tracking software on the market. There was some, but it was about 10 years old and not very good. I have a background in computer development, and I build software in my spare time to update what was already out there.
That went extremely well, and now I am about 60% through the second draft of an enterprise-level perfume-making app/website/desktop software. I'm meeting with a lawyer to register an LLC next week, and I plan to finish coding/testing/penetration testing and start the rollout in Late August or September.
Long explanation, I know, for a fairly simple question. Can I deduct those $ 15,000-ish worth of perfume I bought, even before I started this project, on my taxes next year?