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Re: Jimzin post# 50948

Tuesday, 10/21/2014 4:50:15 PM

Tuesday, October 21, 2014 4:50:15 PM

Post# of 116226
The remaining portion of the illiquid asset must be well selected to create a new business and put the NOL into use.

This new business entity from the combination of asset and NOL will be able to merge with other business or multiple businesses but must maintain fifty percent or higher in ownership as required by the IRS rule in order to preserve the NOL.


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