Anonymous wrote:Anonymous wrote: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.
Commercial depreciation is only 1/40th of the value of the *building*. That really doesn't explain why he was able to claim losses for 18 years.
Anonymous wrote:Anonymous wrote:
This was the first in a series of articles. We will have to see what else is reported.
Given Junior and Eric said they had disporportionate investments from Russia, and given what we have seen from the Saudi's and Israeli's, I am pretty sure we can connect the dots on Trump's foreign policy decisions and his income.
BS. If they found deep ties to Russia they'd lead with it because the debate is Tuesday. The "$750" is their lead, that's THE story.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
Doing so for 20 years moves people from the category of tax avoidance to tax cheat
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.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
Doing so for 20 years moves people from the category of tax avoidance to tax cheat
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.
Anonymous wrote:
This was the first in a series of articles. We will have to see what else is reported.
Given Junior and Eric said they had disporportionate investments from Russia, and given what we have seen from the Saudi's and Israeli's, I am pretty sure we can connect the dots on Trump's foreign policy decisions and his income.
Anonymous wrote:Anonymous wrote: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.
Doing so for 20 years moves people from the category of tax avoidance to tax cheat
Anonymous wrote: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.
Anonymous wrote:Anonymous wrote:Lol, this is worse than speculation. They don't even show you the document they have, just claim to have the documents. And of course, an anonymous source.
Exactly. It amazes me how low the NYT has fallen.