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.
Loss on Sale. When you earn a profit on a real estate sale, you have capital gains. When you sell at a loss, you have a capital loss and you can deduct it. If you gains from other sales, you subtract the loss from the gain. If you have any loss left after that, you can deduct up to $3,000 from your other income, then carry the rest forward to next year.