Thanks for the great answer. It seems to me that if I can expand the business in future years, it could become profitable on its own. I have room for many campsites, so I can develop more given some time and sweat equity, and perhaps within 3-4 years, it may be profitable. I also have a landscaping business that has shown a reasonably good profit for the past 25+ years. Can I just include the camping gig as part of that business? Then I would never be showing a loss, but on paper it would reduce my profits and save me some taxes. I'd appreciate your opinion on this idea.
