Does anyone know if you have a net loss for the year, do you claim your home office deduction that year and carry it forward, or do you "not claim" it, hold on to the info, and claim it when you have a net profit for the year?

Preying on those with few resources, money, education, maturity in business playing on emotional strings of giving false hope and implying they have secrets to make them wealthy is about the lowest scam one can pull, only thing worse is selling sugar pills to cure a serious illness and letting people die.

Our unit is slightly smaller but location he will trade off.He projects a loss of business of 30% during transfer.

Also because I had a significant loss of income last year. 

All businesses have losses and landlording is no different.2.

[Note: There is a caveat here: if the corporation employs 5 or more full-time positions, then the income would be classified as "active" and would be taxed accordingly].When rental property is held by an individual, the net passive income (or loss) is added to that individuals other income and taxed at the corresponding marginal tax rate.

There is very little you can't get actual numbers on when calculating profit (or loss) on a rental property.

There is a provision in the contract, that if we decide to SELL the property after the plans are approved, but before we start construction, that I will be compensated 5% PER ANNUM on the money that I invested, AND we will split the remaining PROFIT / LOSS - 50/50. 10.

These all have grey areas as to the amount of loss of time or money.Contracting with these aspects will generally drive the cost up too, the more you require the more they may charge.

And since the borrower has no skin in the game - who ends up eating up these losses - me, the private lender.Bottomline: there's too much risk.