Deduct expenses and no revenues

Salonen · ‎June 4, 2019

I have been running a real estate business and had revenues and expenses for multiple years. However in 2018 I had no revenues but I still had some expenses. Can I deduct those expenses from income from dividends?

IreneS · ‎June 4, 2019

Yes. It is not necessary to have income in order to deduct expenses for the business.

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IreneS · ‎June 4, 2019

Yes. It is not necessary to have income in order to deduct expenses for the business.

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Deduct expenses and no revenues