Fishing Business

Not 100%, and too lazy to check, but I think you can only write off $3000 in losses per year. 

Here is what the regs say on salable fish and I think it is 3 years before you have to show a profit to a business at least it uses to be....

Purchase and sale
Fish that are salable at any time include:

•Those species in the STATEWIDE ANGLING REGULATIONS table for which there is no closed season or no minimum length.
•Fish taken on licensed fishing preserves. These fish must be properly tagged prior to removal from preserve premises.
•The following fish only if taken outside of New York or if legally taken in licensed commercial gear: coho, chinook and pink salmon, Atlantic salmon, lake trout, whitefish, pickerel, crappie, northern pike and walleye. Additional regulations may apply to the sale of these imported fish; contact a DEC Regional Office for more information. Exception: the American eel is the only fish taken from the Quebec portion of Lake Champlain and the Richelieu River that may be transported into and sold in New York State.
Fish that are non-salable, unless taken on a licensed fishing preserve or private hatchery and properly tagged, include black bass, landlocked salmon, muskellunge and trout.

Exceptions:
Sale of catfish taken in Lake Ontario and its tributaries upstream to the first barrier and in the St. Lawrence River is prohibited. Sale of American eel from Lake Ontario and the St. Lawrence, Hudson, Harlem and East Rivers is prohibited except for use as bait. Sale of coho, chinook and pink salmon taken in Lake Erie, Niagara River, Lake Ontario, St. Lawrence River and their tributaries upstream to the first barrier impassable by fish is prohibited except that eggs may be bought and sold.

Eagle Crg:

The way you fish there would be no problem of showing a loss after 5, 10, 15, 20 years of fishing.  The only fish you catch on the Salmon River are those you foul hook or snag.
Maybe you should start a hunting program where you could shoot evergreens to sell as Christmas trees.  Last year I know you got at least one evergreen during deer season.

Eagle Ed

I have a funny feeling that I would really enjoy fishing with Ed...
 
You, my inner'net friend, are HILARIOUS!!!
 
I can only assume you must be pretty good friends with Craig, huh?
 
Although, around here we tend to use the term "friend" quite loosely, huh fellas? 
 
I think I need to throw a party soon to get everyone back on the same page. 
 
 
 
 

EC, you got me thinking, suppose I wanted to register as a fishing guide in the catskill region, you can hire me and i'll be able to writeoff all my tackle /boat/fuel /toll receipts/three square meals a day/supplies etc.. In return  and you can be my hired guide where ever region you fish and bingo! We get on with our lives as professional  fishing partners!

lol, yeah just keep passing along the good things in life right? rj, I feel sorry for the next generation , all I hear on CNN is "they" want to take away our second amendment. Like wisdom mentioned, you give these hypocrites an inch and they'll take a foot and soon after that there is no keeping "them" honest. 

 
Oh boy, blitz you want worms ? I'm going to open a whole can now....
79, PLEASE don't take it personal or directed toward anyone BUT>>>> I can't take it any longer.
I too feel sorry for the next generation , It is a now generation, shame but true. CNN, how can people watch that media crap.
Big Problem here .. I am an elected official, vice president for local union #429, untied steel workers. I will be running for president on April 7 2009.
I hear that crap all the time, they & them. You know what I say, “YOU” are the union, I only work for you. Last I knew we lived in a democratic country. "They" are elected by "us" and "we" make "them" decide the laws & regulations.
Problem is too many of "us" don't want to get involved so "they" make the decisions for "us" and "we" point the finger at "them"

I have walked many picket lines, protested many laws & regulations, negotiated a few contracts, sat in on plenty of environmental meetings and you know what , it's sad how many people sit on their hands until "they" pass a law which "we" could have changed. Only then people begin to speak their minds. It does NO good unless it is a directed focus toward involvement. NOBODY wants to get involved. That’s what’s sad for the next generation.

"they" don't want to take away our second amendment, "we" are letting "them" have it.

"I’ll" shut up now....

This is why I enjoy this place, well done force, RJ and I were just expressing the "love" that's all around  haha just kidding rj ..and agree i'll not llow politics to spoil a good crew on board ,man it is windy today hope tomorrow that high pressure settles