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Political Discussion
Reply to "The BIG ONE: 20 years of Trump taxes obtained by NYTs"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So many of you have not clue about how are tax code works, especially if you’re primarily a W-2 employee. What makes real estate such an awesome investment is you can be “profitable” (i.e. have positive cash flow and be putting money in your pocket), while using primarily depreciation (and some other expenses) to reduce the taxable income to almost nothing or even show a loss.[/quote] Doing so for 20 years moves people from the category of tax avoidance to tax cheat[/quote] Then how come no charges? I think this is a nothing burger. Nobody cares. Hot air bs. Another rich scam artist, tell us something we don't already know.[/quote] He's been in trouble with the IRS for a decade...[/quote] Right... and yet, no charges. [/quote] He's been POTUS for the last four. I'm guessing there wasn't a lot of motivation in the IRS to file against him since 2016.[/quote]
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