Each of the following describes a not for profit activity (hobby) except? A Mary Kay consultant who deducts travel expenses and whose small customer base was mostly relatives who lived out of town.
a taxpayer who had a model railroad activity and did not keep a separation checking account.
A university research association who had made profits on her research activities in the past and fully expected to do so in the future
a taxpayer who wrote travel while on trips she had planned without consulting a publisher or doing any marketing research

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.