Do trusts follow any special rules for Net Operating Losses? Here the trust holds real estate and will have future profits, but the first year involves a large legal expense due to a non-paying renter, and due to startup costs (but there's poor allocation as to what fees are due to which activity).
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"Can a trust carry a NOL (net operating loss) forward, from a 2018 return?"
"Can a trust carry a NOL (net operating loss) forward, from a 2018 return?"
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