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Joe Stocks

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Joe Stocks

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Re: cottonisking post# 105153

Monday, 01/30/2023 3:39:41 PM

Monday, January 30, 2023 3:39:41 PM

Post# of 111007
NOLs are deferred tax assets. They have no value unless you have net gains to use to offset. FASB accounting rules say you can't include as an asset unless you can project gains to use them. FannieMae is a good example of that. And then you can only include what you foreseeable see to use for a set period of time.

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