[Stupe the Second Sacker]

Originally Posted by raulus

Based on the new law that is commonly known as TCJA, deductions from hobbies are no longer allowed. So you have all the income, and none of the losses or deductions.

I’m guessing that we’ll have a lot more closet investors around here…at least for tax purposes.

Thank you and that certainly stinks.

I'd guess that as well. Either that or Biden will have successfully turned us all into businessmen.

Wonder what the criteria to meet is for being an investor? Holding for a certain period? I'll check the article.

Thanks again