I've spent many a night enjoying pizza and pasta (and a few bottles of red) on Lygon during numerous grand prix weekends over the years. Good food and wine plus Ferraris parked along the street. Gold!
$300 was good value for this one I reckon, but you'd need to put a lot of time into developing it if you wanted a decent return. Could you claim nights out on Lygon St as a tax deduction for 'research'...?
tax deduction: TOTALLY, thats why i bought toorak road and bridge road !
research, meetings, taking snaps to update the website, food critic, wine critic, best restuarants, tips for the visitor etccccc , why do you think "master chef" travel to italy to shoot a few weeks of episodes? ..... because the CAN and write it off.
i think the way it goes is if you are a soletrader you can only offset claims against income of that website but if you are a company then you can offset claims to ANY income you get ( eg other income sources ) and put it down to R&D , but i wouldn't do anything without consulting an accountant ( which by the way never forget "accountants are not accountable ! " )
tim