Message:

<p>[QUOTE=&quot;johnmilton, post: 8513833, member: 101855&quot;]Yep, hobby losses are not deductible, not even against hobby gains. Gamblers are treated better because they can deduct their losses against their gains.</p><p><br /></p><p>Fifty years ago coins were considered to be capital assets and got capital gains treatment. But there is was loser Massachusetts congressman who decided to change that. I knew a dealer who was friends with this guy who asked him not to do it. The Congressman didn&#039;t listen. The Congressman gave up his seat to run for governor. It was dumb move because he lost in the primaries. That was a small amount of justice.[/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