Technically, if you trap and sell pelts, you are in business, even if you only sell one pelt. Hook up with a accountant to learn about the book keeping needed and what you can claim as expenses to show profit and loss on your tax returns. When I was doing it you had to actually earn a profit in 5 years to continue doing so. A way to make your hobby less financially painful.
Last edited by JDinCO; 02/14/23.
Remember why, specifically, the Bill of Rights was written...remember its purpose. It was written to limit the power of government over the individual
