LLC had no income in 2018 just expenses. I also loaned money for yearly renewal, registered agent, amendment to add partner, utilities. I know that everything else is added to basis, but are these things expensed in 2018 or also added to basis?
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You can expense these, your business had begun operating in 2018, you just hadn't generated income yet.
You can expense these, your business had begun operating in 2018, you just hadn't generated income yet.
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