As a Washington state business LLC, must I claim a profit within 3 years?

Question

Is there a rule for LLC businesses in Washington State that say I must show a profit within x years?

Answer 1

I think that you mean the IRS rule of claiming a profit for 3 out of the last 5 years to prove that you are conducting a business instead of a hobby.

If I am wrong about the that, use the link to begin your search.

http://dor.wa.gov/Content/Home/Default.a...

Answer 2

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