Hobbies vs Business
The IRS considers the following activities
suspicious because they involve significant
personal pleasure:
Automobile Racing
Training and Showing Dogs
Raising Show Horses
Record Recording
Ministerial Duties
Writing
Travel Business
Stamp Collecting
Antique Collecting
I am not a tax attorney or CPA. Please
consult one for more information.
"Lower Your Taxes Big Time" by Sandy Botkin
is a great resource book.