how do bet section 1231 losses affects NOLsSolutionThe losse

how do bet section 1231 losses affects NOLs

The losses under net section 1231 are not ordinary losses. These losses can be applied against the last five year net section 1231 gains. However in case of Net Operating losses, such losses cannot be deducted from them. Section 1231 net losses are a type of capital loss and can only be ofset against capital gain, they does not affect NOLs in anyway.