Thank you,
mia .
Good to know the IRS doesn't care.
What about the credit card company? Do they care if there are no business activities going on? Why do bloggers always stress the "side hustle" aspect of it? I heard some people saying the credit card company gave them a "hard time" for not having a real business, but they didn't give any details and I am curious why or how that would happen.
Finally, any information on the 5/24 rule? Do they apply to the combination of personal and business cards, even if using EINs? I've seen people talking about the 5/24 rule only applies to the first business card, and then no more. Any confirmation on that?