I started a small business recently and have had two consecutive years
of losses. I?m now coming up on my third year and it does not look
like I?ll be turning a profit this year either.

Fortunately this situation has not been too bad for me because it is
not my source of income. I am employed.  I operate my business on the
side because I like it.

My concern is that I don?t want to get into trouble with the IRS by
having too many years of consecutive losses.

How many years of losses are safe? Should I not claim my loss to avoid
trouble even though it is real?

Any insights are appreciated.

Best regards,