Message:

<p>[QUOTE=&quot;Kasia, post: 1294521, member: 31533&quot;]That can be depending on the state, as far as I know. Some states you can be a business without getting a license if you sell things, but I believe other states require you to get a license first, otherwise they won&#039;t class you as a business.</p><p><br /></p><p>Many times states will class this all as a &quot;hobby&quot; and that kind of negates cancelling your losses tax-wise (IMO) but still allows the state to collect based on capital gains.</p><p><br /></p><p>I am not a tax expert so I don&#039;t know the exact ramifications, so the best thing would be to consult with someone who is knowlegeable professionally in your state.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in