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Re: Using a small business to help with autoxing/racing events?

To: ba-autox@autox.team.net
Subject: Re: Using a small business to help with autoxing/racing events?
From: "Rob Weinstock" <weinstro@hotmail.com>
Date: Fri, 31 Jan 2003 18:59:37 +0100
>Any business that loses money for five years is considered by the IRS to be
>a hobby.

Hmmm, I didn't realize the IRS was taking that position with all those 
Internet-based business. :)

Rob

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