
Couldn’t believe this came across my inbox 📥
In a super flex no less
u/MathematicianOk6032 — 6 days ago

In a super flex no less
I see the hobby loss rule if I don’t show a profit in 3 of 5 years. But what if my business is only 2 years old but I only have $500in gross receipts but also large depreciation expenses for equipment bought. Will they ding me for large losses?