New York Times Obtains 10 Years of Trump's Tax Returns

Donald J Trump

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@JussieSmollett it's nothing bro. This guy is a ban bet squelcher but wants to act like he is honorable.
Glad to see I'm still on his mind tho. lol
I just dont see why nikkas in a place called higher learning are so close minded when someone who has been dealing with real estate tries to school nikkas on why you cant trust tax returns
 

CrimsonTider

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Not my fault you cant understand how returns for real estate businessman can be heavily tweaked :yeshrug:
You co-signed Sly BS about depreciation and net operating losses which are normal in any industry

What real estate specific tweaks have someone accumulated 1 billion dollars of losses for a decade as a tax avoidance strategy
 

Donald J Trump

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You co-signed Sly BS about depreciation and net operating losses which are normal in any industry

What real estate specific tweaks have someone accumulated 1 billion dollars of losses for a decade as a tax avoidance strategy
go talk to an CPA, im not a CPA
like i said in my experience, ive seen firsthand folks skate taxes on rent homes for decades

you can do a lot with real estate
 

Robbie3000

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Depends which return you are talking about...are we talking an 1120 corporate return? If there are owners they tend to get dividends and w2's to show income and corporate profits are deducted tremendously. If your talking a schedule C then yeah you can see someone's gross revenue before hand. If they had a partnership or S-corp their gain or loss on each individual owner gets passed down to a K-1 on their personal return. Your not really being specific and you sound like your talking out of your ass muchacho.

Sit yo $5 H&R Block ass up, before I make change.
 

ill

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@88m3 am I wrong or does NYC have a tax credit system for large developments? I thought I read a few years ago NYC has its own systems in place that further shield developers and give them crazy tax credits.
 
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