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I have a hair salon and one booth has not been rented out. Can I claim that as a loss?

 
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MinhT
Expert Alumni

I have a hair salon and one booth has not been rented out. Can I claim that as a loss?

You do not report any income for the unoccupied booth.

Although it is a loss of potential income, it is not an actual loss and you cannot claim it on your tax return.

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1 Reply
MinhT
Expert Alumni

I have a hair salon and one booth has not been rented out. Can I claim that as a loss?

You do not report any income for the unoccupied booth.

Although it is a loss of potential income, it is not an actual loss and you cannot claim it on your tax return.

**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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