Boarwild,
I would think that almost every person on this site has expenses relating to dog hunting, with ZERO income from dog hunting. Sure there are a few dog traders that profit, but most every dog on here has much more cost (basis) than they are being sold for. I imagine there are a few that guide and even fewer that are actually paid for hog removal.
Now I am no tax professional, but my limited knowledge leads me to believe that "uncle" does not want me to start up a "business" of hog dogging, because I can guarantee it will be operating in the red for the allowed number of years. Cost of dogs, vet care, food, training, mileage, gear, etc.... If they want us to report our income, the backlash for them, is that we will also report our expenses...
Just my opinion on the matter.
I agree with you. I think its more the dog "breeders" in general that's the problem, but it does all come down to the dogs. If they put more laws on breeders that still hurts us in the long run. Again i am not saying its a bad thing i just wanted to bring to light the possiblities of the other side of the spectrum that's all. It wasn't meant to call anyone out by any means if that's how it was taken.
Oh no, I didnt take it that way at all, I was just thinking that there are probably more hunters that are like us.....always in the red. LOL
I guaruantee that if i pay $100 for something, I probably couldnt get $50 for it the next day. Im just not a good business person.
