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Subject:  Re: Small Business Tax Losses? Date:  10/23/2013  6:28 PM
Author:  Jeanwa Number:  119399 of 124774

I really thought you'd get an answer by now. Maybe they are all busy.

As far as I know you can deduct the business loss against other income. There isn't, as far as I know, a time limit for the business to be in operation. The lady I bought my nursery from was only I business for about 3 months. I really just bought the inventory, not the business.

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