ChatGPT "read" the OBBB and hallucinated. EBL limit is here to stay.
So investors get capped on Year 1, but can deduct the remaining losses on Year 2? Whats the point of capping it then…
Others agree with you. See: " The Curious Case of Section 461(l): Why This Unclear and Unwise New Rule Should Be Construed as Narrowly as Possible" STEVEN Z. HODASZY
So investors get capped on Year 1, but can deduct the remaining losses on Year 2? Whats the point of capping it then…
Others agree with you. See: " The Curious Case of Section 461(l): Why This Unclear and Unwise New Rule Should Be Construed as Narrowly as Possible" STEVEN Z. HODASZY