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.
Step 1. Subtract the expenses from the revenue to find your profit on your sales. For example, if you have $575,000 in sales and $485,000 in expenses, your profit equals $90,000. Step 2. Divide the profit by the sales to find the portion of each dollar you keep as profit.tep 1. Subtract the expenses from the revenue to find your profit on your sales. For example, if you have $575,000 in sales and $485,000 in expenses, your profit equals $90,000. Step 2. Divide the profit by the sales to find the portion of each dollar you keep as profit.