Yes, I do very materially participate.
In the meantime, I have tried to understand the Form F instructions. They explain many things about how losses are hard to claim. But they do not say anything about whether losses on a foreign farm are deductible.
Do you know of any official irs publication that says I can declare losses from a foreign farm against us income to any degree what-so-ever?
Or should I assume it is ok and file?
Hugh Aiken
