On Sat, 25 Dec 2004 22:16:22 -0800, "C J Campbell"
wrote:


"Ron Wanttaja" wrote in message
.. .

The IRS wants to see a profit in three out of five years.

When I was in business you had to be careful about write offs. They
are a double edged sword.

If you write it off you have to pay taxes on the income from selling
it.

Roger Halstead (K8RI & ARRL life member)
(N833R, S# CD-2 Worlds oldest Debonair)
www.rogerhalstead.com