For many of his clients, Kent says, claiming current deductions makes more sense than accumulating passive losses they might not be able to use for years.

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Factories run by Toyota and Honda also have varying production schedules, accumulating millions of dollars in losses for each day of closure.

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The real estate overcapitalization in the United States followed by immersive equity losses could not be overcome another way, the banks had to write off the accumulating bad assets, foreclosures, draining capital, etc.

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