Anonymous wrote:Anonymous wrote:Anonymous wrote:he personally guaranteed 421 million, 100 million coming due in a year. And he has no cash in hand.Anonymous wrote:Big nothing, common with real estate
He avoided taxes by paying consulting fees of $747,622 to a firm. That same year, according to her financial disclosure, the firm paid Ivanka Trump exactly $747,622. That’s Tax fraud plain and simple!
He went on a buying spree with Apprentice money and got caught in a bind when they money began to dry up. Bad.
ALL THIS. Deny it and you’re just a base, detestable liar.
It’s not tax fraud to pay your kids. Mine are on payroll. I pay consultants as well, many are my friends. If I’m going to pay someone for a service, it might as well be someone I know.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Big nothing, common with real estate
Paying between $0-750 income taxes is common in real estate? Reaaaally?
Yea, but it's more complicated than that of course. One of the big benefits with investment in real estate is depreciation, which you can manage strategically to minimize tax liabilities. However, you do eventually have to realize the gains. I'm partner in a building project which has been using depreciation to offset gains elsewhere. However, eventually when the building is done and sold, we have the capture and realize all gains, including the deductions we took.
This is all perfectly normal. Anyone who thinks it's a big deal is ignorant.
It doesn’t sound like you read the article. There’s tons of fraud in there over and above depreciation. Take Seven Springs as a tiny example. He’s calling that an investment property and claiming the relevant tax treatment of it when it’s clearly a personal residence.
Anonymous wrote:Anonymous wrote:Let’s discuss the national security implications of a President being this far in debt and hiding it.
Debt is mostly non-recourse on real estate, meaning the borrower doesn't have to pay it back if foreclosed upon. You people are just plain stupid - imrussia fail, impeach fail, covid fail, blm fail and now taxes fail
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm guessing a lot of people have never taken depreciation on real estate.
I have. That's a lot of depreciation, but that isn't the only issue on his returns. He has huge debts. This is what I always thought. It just reinforces my belief that he is actually broke on paper, staying just one step ahead his creditors.
Leverage, like depreciation, is part and parcel of anyone who is in real estate. You may as well blame a hokey player for having skates and a stick.
Yeah, I get it. So why did he hide it? You and I both know there only two reasons, one of which has just been confirmed and the other is under investigation by the DA.
Because he knows that ignorant people like many people in this thread would not understand and become useful idiots to Democrats looking to vilify him.
Anonymous wrote:Anonymous wrote:he personally guaranteed 421 million, 100 million coming due in a year. And he has no cash in hand.Anonymous wrote:Big nothing, common with real estate
He avoided taxes by paying consulting fees of $747,622 to a firm. That same year, according to her financial disclosure, the firm paid Ivanka Trump exactly $747,622. That’s Tax fraud plain and simple!
He went on a buying spree with Apprentice money and got caught in a bind when they money began to dry up. Bad.
ALL THIS. Deny it and you’re just a base, detestable liar.
Anonymous wrote:When you own real estate you are allowed to roll over depreciation that's all this is, but the news will make a big deal out of it. The disclaimer at the end says it all "but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia."
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Big nothing, common with real estate
Paying between $0-750 income taxes is common in real estate? Reaaaally?
Yea, but it's more complicated than that of course. One of the big benefits with investment in real estate is depreciation, which you can manage strategically to minimize tax liabilities. However, you do eventually have to realize the gains. I'm partner in a building project which has been using depreciation to offset gains elsewhere. However, eventually when the building is done and sold, we have the capture and realize all gains, including the deductions we took.
This is all perfectly normal. Anyone who thinks it's a big deal is ignorant.
You also know that the partnership can do a 1031 exchange with another property and get the stepped up basis. You can also refinance the property and get the tax benefits and your investment back tax free.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Big nothing, common with real estate
Paying between $0-750 income taxes is common in real estate? Reaaaally?
Yea, but it's more complicated than that of course. One of the big benefits with investment in real estate is depreciation, which you can manage strategically to minimize tax liabilities. However, you do eventually have to realize the gains. I'm partner in a building project which has been using depreciation to offset gains elsewhere. However, eventually when the building is done and sold, we have the capture and realize all gains, including the deductions we took.
This is all perfectly normal. Anyone who thinks it's a big deal is ignorant.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Big nothing, common with real estate
Paying between $0-750 income taxes is common in real estate? Reaaaally?
Yea, but it's more complicated than that of course. One of the big benefits with investment in real estate is depreciation, which you can manage strategically to minimize tax liabilities. However, you do eventually have to realize the gains. I'm partner in a building project which has been using depreciation to offset gains elsewhere. However, eventually when the building is done and sold, we have the capture and realize all gains, including the deductions we took.
This is all perfectly normal. Anyone who thinks it's a big deal is ignorant.
Anonymous wrote:he personally guaranteed 421 million, 100 million coming due in a year. And he has no cash in hand.Anonymous wrote:Big nothing, common with real estate
He avoided taxes by paying consulting fees of $747,622 to a firm. That same year, according to her financial disclosure, the firm paid Ivanka Trump exactly $747,622. That’s Tax fraud plain and simple!
He went on a buying spree with Apprentice money and got caught in a bind when they money began to dry up. Bad.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm guessing a lot of people have never taken depreciation on real estate.
I have. That's a lot of depreciation, but that isn't the only issue on his returns. He has huge debts. This is what I always thought. It just reinforces my belief that he is actually broke on paper, staying just one step ahead his creditors.
Leverage, like depreciation, is part and parcel of anyone who is in real estate. You may as well blame a hokey player for having skates and a stick.
Yeah, I get it. So why did he hide it? You and I both know there only two reasons, one of which has just been confirmed and the other is under investigation by the DA.