does every lender deduct the business loss from personnel income??? can the exceptions made if it was one time loss?

Best way to approach this is to document that one time charge via the assistance of a CPA and also show multiple yeas tax returns to show that it was indeed a one-time charge. You didn't mention how you file tax returns - Sole Proprietor, S-Corp, or Sub-S. Each would have a different approach. Please let me know if you need assistance. I would be pleased to help.

Under today's' lending environment, I wouldn't expect anyone to allow an exception... and most lenders take business loss very serious.... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Unfortunately, if the loss is passed through to your personal returns it is still a loss. However it can be averaged over 2 years but there arent any exceptions.

If you can provide clear documentation that the loss will not recur again it can be ignored. However, the challenge is in finding documentation that really prooves beyond question that it was one-time.

If you want to call me tomorrow and describe the circumstances and what proof can be provided I'll be glad to give you my best judgement. If you claimed the loss in 2011 but will not be in 2012, once 2012 has been filed without the loss all that would likely be required is a written explanation. pdumouchel@primelending.com or direc 843-619-6025 and I do lend occasionally in VA.

Any business loss is assumed to continue, therefore will be deducted from income. In theory, a well documented one time loss MAY BE considered for extreme circumstances - but in today's market, don't expect to get it no matter how well documented.

As you can see from other answers to have a final answer more details are needed. I would be glad to review the details from you and have an answer within 24 hours without any application fee or obligation. Mark 302-449-7373