"Why would the loss need to be indexed"
The way I see it is...
A loss of say $5,000 in year one may be carried out to year 20 when the property is sold. If it was not indexed then the loss has almost been inflated out of existence by year 20 if you see what I mean... not to mention year 2,3,4,5 ect,ect.
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"Why would the loss need to be indexed"The way I see it is...A...
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