I've created a multi-member LLC, registed as S-Corp in NV state for Rental properties in 2024, but did not invest in any items in 2024. I'll start investing in 2025, could I push the startup cost dedu...
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I've created a multi-member LLC, registed as S-Corp in NV state for Rental properties in 2024, but did not invest in any items in 2024. I'll start investing in 2025, could I push the startup cost deductions to 2025 tax deductions & please provide info??
posted
2 weeks ago
last updated
January 20, 202511:53 AM
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I've created a multi-member LLC, registed as S-Corp in NV state for Rental properties in 2024, but did not invest in any items in 2024. I'll start investing in 2025, could I push the startup cost deductions to 2025 tax deductions & please provide info??
since the activity didn't start until 2025, you can not write off or amortize start-up costs in 2024