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.
What to do with LLC business losses. Profit losses in your LLC should be claimed on your individual income tax return. You most likely will have to use IRS Form 1040, as profit or loss from a business must be declared on Schedule C â expenses that are less than $5,000 may be claimed on Schedule C-EZ.hat to do with LLC business losses. Profit losses in your LLC should be claimed on your individual income tax return. You most likely will have to use IRS Form 1040, as profit or loss from a business must be declared on Schedule C â expenses that are less than $5,000 may be claimed on Schedule C-EZ.