I became a realtor in late 2017 and had business expenses throughout 2018 but have made no sales, so no income. Can I still deduct my business expenses?

suepenn · ‎June 6, 2019

MinhT · ‎June 6, 2019

If you actively work as a realtor but had no income, you can still deduct your business expenses. You will have a net self-employed loss. This loss can offset your other income if any.

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MinhT · ‎June 6, 2019

If you actively work as a realtor but had no income, you can still deduct your business expenses. You will have a net self-employed loss. This loss can offset your other income if any.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I became a realtor in late 2017 and had business expenses throughout 2018 but have made no sales, so no income. Can I still deduct my business expenses?