Its a flaw in the system that needs to be corrected. Trump took advantage of it like millions of other people do, including myself and most of the people on this board.I'm sure with Real Estate because you get the depreciation. I did the same thing and you have to depreciate with tax laws. Makes Real Estate lucrative. If you never sell you don't have to pay back the depreciation either.
If only someone in a position of power to rewrite tax laws, who actually did rewrite tax laws a couple years ago, could have done something.Its a flaw in the system that needs to be corrected. Trump took advantage of it like millions of other people do, including myself and most of the people on this board.
Its a flaw in the system that needs to be corrected. Trump took advantage of it like millions of other people do, including myself and most of the people on this board.
You talk about the banks loaning him money, but we've got 43% of the country gleefully giving him their vote after he's run our country into the ground for crying out loud!!!The other thing about this, is that it doesnt even appear he was a millionaire, much less a billionaire. Why are these banks willing to loan him so much money? He has a $400 million loan due in 2022. For a guy who has ran business after business into the ground banks sure were willing to give him shit loads of money.
You talk about the banks loaning him money, but we've got 43% of the country gleefully giving him their vote after he's run our country into the ground for crying out loud!!!
You have to give Trump props for that, he's got to be The Bullshit Artist of All Times.
We don't know what banks they are. Might be Moscow Savings and Loan.The other thing about this, is that it doesnt even appear he was a millionaire, much less a billionaire. Why are these banks willing to loan him so much money? He has a $400 million loan due in 2022. For a guy who has ran business after business into the ground banks sure were willing to give him shit loads of money.
Might be one of his own corporations as well.We don't know what banks they are. Might be Moscow Savings and Loan.
At this point, you’d have to be a deaf and blind to not know that Trump doesn‘t give a shit about this country.
This running for the President business was all about feeding his narcissism.
He had an armory full of guns and threatened to kill himself. His wife called the authorities and a police SWAT team was called to his home.Looks like Parscale is going down as Trump's 2nd Campaign Manager to go to prison.
He had an armory full of guns and threatened to kill himself. His wife called the authorities and a police SWAT team was called to his home.
r/TrumpCriticizesTrump
r/TrumpCriticizesTrump: Trump Criticizes Trump: A Portrait of Presidential Hypocrisy. For every Trump action there is a Trump tweet criticizing that …www.reddit.com
The man is the very embodiment of the word "hypocrite"
When Webster comes out with their 2020 dictionary, the only entry they need for that word is a picture of Trump.
First paragraph, yes. 2nd paragraph, no. Banks loan to businesses that are asset heavy and have cash flow problems all the time. As long as his loan applications that go to federally insured institutions are consistent with his depreciation schedule and are fair market value, its not a crime.You know what it's called when you downplay your income on tax forms and play it up on loan applications? Fraud. Bank fraud or tax fraud pick your poison.
No bank would lend money to a company that always show losses.
Do you think they will be fair market value? Lol.First paragraph, yes. 2nd paragraph, no. Banks loan to businesses that are asset heavy and have cash flow problems all the time. As long as his loan applications that go to federally insured institutions are consistent with his depreciation schedule and are fair market value, its not a crime.
Hard to say. At any given point in time, value can be vastly different. If i owned a hotel last year, my asset and liability statement would be a heck of a lot different than it does today. Disclosures are for a specific date. Thats why banks have loan analysts to make projections.Do you think they will be fair market value? Lol.
Like anyone uses a dictionary anymore you shook little snowflake. This doesn't affect me in the slightest. Rich people get to play by a separate set of rules unlike all you loser pedo lowlifes. How is this anything different from what Hillary did? Obama does the same thing!!!!!!! WAKE UP!!!!!!
Vote for the person who is smarter than you dumb minimum wage peons. Don’t blame him for playing by the rules. Even if you don’t like the rules and they don’t benefit you. Rules are rules. Maybe pull yourselves up by the bootstraps and one day you can pay someone handsomely to get you out of paying taxes. And then pay someone else to fight the IRS audit for 10 years. You too can be an American success story.
Ah, the old team mentality. My team is better than yours and all that jazz. Newsflash both teams suck and you aren’t really a part of either. I look at it more like an employer employee relationship. I can acknowledge employee ****ups even if the pool of applicants was also shitty."What this country needs to rebuild is a stuttering pedophile with dementia, not the businessman who is savvy with navigating the complexities of financing millions of dollars in assets"
- Leftists, who have all become MD's, revolutionaries and now CPA's in the past few months alone
The sports team analogy really fits--especially with Trump. When you have absolutely no defense for all the crap you seeing going on, it's the "Oh well, he's still MY guy on MY team come hell or high water!" routine.Ah, the old team mentality. My team is better than yours and all that jazz. Newsflash both teams suck and you aren’t really a part of either.
Ah, the old team mentality. My team is better than yours and all that jazz. Newsflash both teams suck and you aren’t really a part of either. I look at it more like an employer employee relationship. I can acknowledge employee ****ups even if the pool of applicants was also shitty.
The sports team analogy really fits--especially with Trump. When you have absolutely no defense for all the crap you seeing going on, it's the "Oh well, he's still MY guy on MY team come hell or high water!" routine.
But, news flash: this ISN'T sports. This is real-life with real-life consequences. It's past time to wake up and smell the roses -- or in this case, smell the stench.
Ah the ole “I’m a perfectly moderate centrist with no biases despite my constant whining about one side and only that one side”.Ah, the old team mentality. My team is better than yours and all that jazz. Newsflash both teams suck and you aren’t really a part of either. I look at it more like an employer employee relationship. I can acknowledge employee ****ups even if the pool of applicants was also shitty.