{"id":88766,"date":"2025-11-28T11:25:55","date_gmt":"2025-11-28T10:25:55","guid":{"rendered":"https:\/\/dexxter.be\/communityvraag\/strange-question-about-declaring-profit-loss\/"},"modified":"2025-11-28T11:25:55","modified_gmt":"2025-11-28T10:25:55","slug":"strange-question-about-declaring-profit-loss","status":"publish","type":"communityvragen","link":"https:\/\/dexxter.be\/en\/community-question\/strange-question-about-declaring-profit-loss\/","title":{"rendered":"Strange question about declaring profit\/loss"},"content":{"rendered":"<p><P>Strange question. After retirement, I&#8217;m going to start a little shop in our new purchased commercial property &#8216;for fun&#8217;. I&#8217;m going to exhibit my artwork there and I enjoy doing people a pleasure with it. To do this, I&#8217;m setting up a sole proprietor so that everything is okay. The intention is not to make a profit. In fact, I expect the business to be loss-making, especially if I include the depreciation of the commercial property in the costs. But I don&#8217;t think you&#8217;re allowed to set up a business that you know will make a structural loss. It could be considered fraud. I don&#8217;t need to declare the tax benefits of years of losses. Is there a workaround for this? For example, always declaring zero profit on my tax return so that the company formed from my hobby that got out of hand doesn&#8217;t suffer any disadvantage? Or is that not allowed either&#8230; Do you have to declare losses&#8230;<\/p>\n","protected":false},"template":"","class_list":["post-88766","communityvragen","type-communityvragen","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/communityvragen\/88766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/communityvragen"}],"about":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/types\/communityvragen"}],"wp:attachment":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/media?parent=88766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}