Two things to consider from today's prestream.
1. Phil got whaled out overnight. He had a complete meltdown on stream last night, was shit on by Keem for being a scammer, and effectively admitted that the interview was a complete disaster and he didn't want to show proof to clear himself. In this conversation, Phil said he is not in financial dire straits, and could not justify his apparent spending and financial mismanagement. Lisa Lou then tipped him $50 and Phil again admitted he used to not admit he got tips overnight, but is now going to (probably because whoever operates the LisaLou sock told him he wanted him to).
Phil likes to stress that he and his fans are 'logical adults'. There is no logic behind this tip. If you believe Phil, he is not in financial distress. If you like Phil's content, you basically haven't had the content you like in 2 days while Phil was busy having meltdowns and ragequitting. And if you have a brain, you'd realize giving Phil money is a scam. Why would you give him money? Because Phil failed and you are worried about his feelings today. Phil's whales don't operate on an iota of logic - they're emotionally conditioned. Just something to remember the next time Phil throws out the "L" word.
2. Phil just said he would not play Elden Ring after Wo Long, now retconing his earlier statements to have been an either/or. Because he baited people into whaling for Wo Long, he now does not need to switch to Elden Ring. You can see Phil has a scam/business plan going here because he said he might do Elden Ring as a slower summer playthrough. So he's trying to stagger Souls-like games in order to spread out the whaling.
Correct me if I am wrong but mortgages, car loans and especially back taxes can't be discharged with a bankruptcy. I heard even student loans can't be discharged by bankruptcy but that was some time ago so feel free to correct me on that
Correct, Phil still has his car payments, mortgage and back taxes to contend with.
You can practically claim everything as a business expense as long as you can prove that it is related to the business. Dave is playing video games for a living. Do you really think that judge or attorney will check if the particular expense was a cost of a new game, DLC, microtransaction? WWE Champions is a game, Dave's job is to play games so this is a business expense.
This is also true, though the games that he writes off needs to be directly related to his business (ie. streamed). This was a question he was asked even of his Switch, which he had to remove as a business expense when it was pointed out that Kat used it for personal reasons. He said explicitly in the call (which he conveniently doesn't remember now) that his business expenses included 'microtransactions', but he doesn't even buy battlepasses for CoD when he plays it regularly. His actual content contains no microtransactions, and therefore they cannot be declared a business expense.
Not that Phil 'declared' anything, apparently his business expenses were entirely declared by his tax guy who knows next to nothing about the operations of his business and had to get that information from... well never mind who gave him the information, the tax guy just knew it was $5k, obviously.
