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.
Indio is located at the eastern end of the Coachella Valley, which is composed of nine cities: Desert Hot Springs, Palm Springs, Cathedral City, Rancho, Mirage, Palm Desert, Indian Wells, La Quinta, Palm Springs, and Coachella. The total permanent population numbers 180,000, with a seasonal rise to approximately 240,000.