Tax Year 2016: Relocated my business, self employed. No income for 2016 but had expenses. Can I claim them?
I've filed as a Realtor since 1988 but relocated and started over. Took a salaried jobs to get by and didn't sell any houses in 2016 so no income for 2016, but there were expenses, licenses, dues, internet etc. Normal and necessary.
Tax Year 2016: Relocated my business, self employed. No income for 2016 but had expenses. Can I claim them?
Yes, as long as you could have received income as a real estate agent (just didn't get a client) and didn't completely stop your "business". It is quite normal for small business owners and contractors to obtain other employment to supplement. The loss on your Schedule C will be netted with your other employment income.
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