If you make a tax loss in an income year you can carry it forward and deduct it in future years against income for tax purposes. Certain deductions cannot be used to contribute to a loss.
Indio, California. Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's Colorado Desert region. It lies 23 miles (37 km) east of Palm Springs, 77 miles (124 km) east of Riverside, and 127 miles (204 km) east of Los Angeles.
Alturas, California. Alturas (formerly, Dorris Bridge, Dorris' Bridge, and Dorrisville) is a city in and the county seat of Modoc County, California, United States. The population was 2,827 at the 2010 census. Alturas is located on the Pit River, east of the center of Modoc County, at an elevation of 4370 feet (1332 m). As the county seat, the town is a home to regional government offices, including a California Highway Patrol office and a state Department of Motor Vehicles office.