I believe the facts of the situation point to the conclusion that his is not a hobby, but a legitimate money making venture.  Things have just not worked out that way for a number of years.  This is the first year I am personally preparing the return, thus the review of the circumstances on my part.  I just wanted to make sure I was handling this properly given the fact that the losses have now occurred in the last 5 years which is beyond the normal scope of guidance provided by the IRS.  I appreciate your thoughts on this.