Replies to post #12419 on AmeriResource Technologies Inc. (fka ARIOQ)

[ok husband]

you are absolutely right. the key is taxable income.. think about it taxable income that is earned income from what you do for a living ,active income, passive income is investment income, apt buildings,rentals investments like stocks. if you have 144k in rental income and you lost 10 yrs ago and have a carried loss of 144k carried forward you would pay no tax n the passive $144k rents that year not a limit of $3k ...