Quote:
Originally Posted by Mr. Sandman
The number of Charters are dropping as prices rise too and also the number of charter fishermen are increasing to subsidise their fishing/boating habit with easy license courses.
Most guys don't make any money running 6 pack charters, if they do it ain't very much and it is a lot of work and hassle. You can only write off to the extent you make, I don't think you can carry the loss into other earned income....I would like to hear if you guys do that. even so, Do the numbers this is not a good business and it looks to get worse before it gets better.
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Sandy, If its a valid bsuiness loss you can deduct it against your other income.
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