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.
The name was taken from the city of Riverside, which is the county seat. Riverside County is included in the Riverside-San Bernardino-Ontario, CA Metropolitan Statistical Area, also known as the Inland Empire. The county is also included in the Los Angeles-Long Beach, CA Combined Statistical Area. There is a high concentration of sprawling tract housing communities around Riverside and along the Interstate 10, 15, and 215 freeways.