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<p>[QUOTE=&quot;medoraman, post: 8061270, member: 26302&quot;]You would have to keep records, claim that you are &quot;in the business&quot; of buying and selling them, to do so. The IRS HATES hobby losses. They do everything they can to stop exactly your thought. </p><p><br /></p><p>It stems from millionaires raising horses for their pleasure, but then writing off the losses against income taxes. That is why they came up the Hobby Loss rules. Very difficult to pull off sir.[/QUOTE]</p><p><br /></p>

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