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.
As the population grew, so did residents' collective sense of civic duty and desire to blend the two separate towns. On January 7, 1958, the majority of voters in Pico and Rivera voted to incorporate as one municipality and with the decision becoming official that January 29, Pico Rivera became Los Angeles County's 61st city.