Side gigs and side businesses have become increasingly popular ways to earn extra income. However, many entrepreneurs still need to know the complex web of local laws and regulations governing these operations. Tune in to this episode of the Ask Ralph Podcast with Ralph Estep Jr. as he shares how seemingly harmless side businesses can unwittingly break the law. Is Your Side Hustle Actually Illegal? With Ralph Estep, Jr.
In Episode 185 of the Ask Ralph Podcast, Ralph Estep Jr. discusses the legal complexities of operating side hustles, particularly ride-sharing services like Uber and Lyft. They highlight the importance of researching local regulations, licensing requirements, and taxes to avoid legal troubles. Ralph advises listeners to consult with local small business lawyers or accountants to ensure their side hustles are set up legally and sensibly.
00:00 Episode Overview
00:24 Recap And Show Announcements
01:50 Bible Verse
02:59 Is Your Side Hustle Illegal?
03:52 Illegal Side Hustle 1: Ride-Sharing Services
04:40 Illegal Side Hustle 2: Be Careful Listing Your Home For Short-Term Rental Sites
05:20 Other Quick Pitfalls To Avoid.
05:53 Researched The Local Regulations Carefully
06:24 What Steps Can You Take To Ensure Your Side Hustle Stays Aboveboard?
08:07 Episode Recap
08:59 Outro
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