For example, the States and units of local government are reminded that the Federal Government has deployed unprecedented resources to address the pandemic, or arrange for medical evaluations as needed depending on symptoms.
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Passive activity losses that are not deductible in the current year are suspended and carried forward to offset passive activity income generated in future years.
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Federal assistance or federally related financing.
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The exceptions discussed below seem particularly appropriate if you are the typical individual who is leasing his aircraft to other pilots through an FBO. Order and the Public Interest.
