General Discussion

RobinA

(9,888 posts)

13. Probably All Of Them

Fri Oct 12, 2018, 11:23 AM

Oct 2018

The thing the struck me about the NYT report, and I don't even pretend to really understand this stuff, is that it seemed to me that most of the malfeasance was quite mundane until it added up. No big grand schemes, just a whole lot of misrepresentations that got bigger and bigger as his pile got bigger. No big drama. Hey, if you can transfer assets to your grown kids to avoid inheritance, why not start when they are 3. Call property what it isn't really so you get lower taxes, undervalue stuff. Fred started out building housing for regular people when a lot of other people were doing the same. Nothing to see here.

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How many NY real estate families are stealing from the state in the same way Fred Trump did? [View all] ProfessorPlum Oct 2018 OP

How long before trump starts going after others duforsure Oct 2018 #1

probably tomorrow ProfessorPlum Oct 2018 #2

People who own houses don't get to do this. greymattermom Oct 2018 #3

My House Is Worth A Buck And A Half ProfessorGAC Oct 2018 #5

Right? Who thought of this scam? ProfessorPlum Oct 2018 #10

For those who get bank loans not many, I think Cicada Oct 2018 #4

Not Following That ProfessorGAC Oct 2018 #6

Unreported income sets IRS hair on fire, arguments on definitions not so much Cicada Oct 2018 #7

Ok, That I Get ProfessorGAC Oct 2018 #11

You can bet on the Kushners HAB911 Oct 2018 #8

Kick and Red. Anon-C Oct 2018 #9

I think the Developers and real estate tax games are responsible delisen Oct 2018 #12

Probably All Of Them RobinA Oct 2018 #13