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My business had very little income due to transitioning but had substantial $570/m to keep equipment can I use this expense even though little income generate this year?
business was profitable, reorganizing generated almost no $. Rental space for equipment $570 / month left a loss @ 6K can I use that rental expense?
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June 5, 2019
11:48 PM
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Deductions & credits
Yes, you should claim your expense for the rental space for your equipment as long as it is a legitimate business expense related to storing your business equipment.
June 5, 2019
11:48 PM