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.
For the wine region, see Napa Valley AVA. Napa County is a county located north of San Pablo Bay in the northern portion of the U.S. state of California. As of the 2010 census, the population was 136,484. The county seat is the City of Napa. Napa County was one of the original counties of California, created in 1850 at the time of statehood.