Trump's personal businesses are organized as pass-through entities, which allowed him to benefit from tax mitigation, much of which was through loss carry-forward.

Article 18 the losses suffered by an enterprise during a tax year may be carried forward and made up by the incomes during subsequent years, however, the carry-forward period may not exceed 5 years.

Our company is still facing difficulties, we will have to carry over last year's losses to this year.