Anonymous wrote:Anonymous wrote: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.
Then why hasn't he released them if NBD?
As I already answered else where, because there are ignorant people, like the numerous ones on this thread, who would not understand that this is no big deal, and become useful idiots to Democrats looking to hurt Trump.
Which means it's a big deal.
Anonymous wrote:Anonymous wrote: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.
Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.
*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.
*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.
Trump isn't "a rich person", he's a public servant. And apparently he's not actually rich either.
Anonymous wrote: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.
Then why hasn't he released them if NBD?
As I already answered else where, because there are ignorant people, like the numerous ones on this thread, who would not understand that this is no big deal, and become useful idiots to Democrats looking to hurt Trump.
Anonymous wrote:Anonymous wrote: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.
Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.
*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.
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: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.
Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.
*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.
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.
Then why hasn't he released them if NBD?
Anonymous wrote:Anonymous wrote:The big deal is that he took so many deductions for lifestyle stuff. No wonder the IRS is going after him for more than $70 million. What a crook.
The IRS is after that money because he claimed that he abandoned all an investment without retaining the value when he actually kept 5%. Not OK.
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:He can't run away from the $421 million personal guarantee due in the next 4 years. Argue away the real estate shell game. The $421 is the real story.
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:Big nothing, common with real estate
Paying between $0-750 income taxes is common in real estate? Reaaaally?
Anonymous wrote: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.
Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.