Oak View, California. Homefacts City Report. Oak View is located in Ventura County, CA. The population is 4,337. There are 1 public schools in Oak View with an average Homefacts rating of B-. The total crime rate for Oak View is very low, and there are 9 registered sex offenders residing in the city.
If you do not declare the loss and start making profits several years later and then declare the profit, you will lose out on being able to offset the losses against the profits and hence will pay more tax.f you do not declare the loss and start making profits several years later and then declare the profit, you will lose out on being able to offset the losses against the profits and hence will pay more tax.
Filing the Claim. You can only write off losses if you itemize deductions. Casualty and theft losses are a 2 percent deduction, like unreimbursed employee expenses and the cost of hiring a tax-prep firm.hen you have to deduct $100 from the amount. If you claim multiple car losses, you deduct $100 from each loss. Add up all your total losses -- including any other thefts, fire damage to your house, etc. -- and subtract 10 percent of your adjusted gross income from the total. Whatever you have left is deductible.