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.
Imperial is a city in Imperial County, California. Imperial is located 4 miles (6.4 km) north of El Centro. As of the 2010 census, the city had a population of 14,758. It is part of the El Centro metropolitan area. Nearby recreation facilities transform the desert into a popular Valley tourist destination due to availability of activities. Three year-round golf courses are within minutes of Imperial. The sand dunes provide a place for campers and dune buggy enthusiasts. This region is well known for its abundance of bird species such as dove, quail, ducks, pheasant and geese.