BREAKING: Evidence Trump Committed Criminal Tax Fraud

[AntonToo]

Their is no law for selling anything to a family member for less then appraised value!

You read English, right?

if Donald Trump sold the apartments to his son’s company for less than fair market value, he needed to file a gift tax return.

If a sale between a parent and child is for fair market value, it does not trigger a gift tax. But if a parent sells two expensive condominiums to his son at a highly discounted price, for example, then the parent makes a taxable gift in part. In that case, the seller must pay a gift tax of up to 40 percent. (In this case, that might have run the president somewhere in the neighborhood of $350,000.)

Ever heard of a quit claim?

Ever heard of beating around the bush? It's what you are doing.

A quit claim allows the buyer to get the land for balance owed.

You think Trump owned his son's company some money? Really?

 

[Si modo]

You think Trump owned his son's company some money? Really?

When there's no evidence of anything, the possibilities are endless.

 

[DarkFury]

Their is no law for selling anything to a family member for less then appraised value!

You read English, right?

if Donald Trump sold the apartments to his son’s company for less than fair market value, he needed to file a gift tax return.

If a sale between a parent and child is for fair market value, it does not trigger a gift tax. But if a parent sells two expensive condominiums to his son at a highly discounted price, for example, then the parent makes a taxable gift in part. In that case, the seller must pay a gift tax of up to 40 percent. (In this case, that might have run the president somewhere in the neighborhood of $350,000.)

Ever heard of a quit claim?

Ever heard of beating around the bush? It's what you are doing.

A quit claim allows the buyer to get the land for balance owed.

You think Trump owned his son's company some money?

I think if Trump still owed money or had a loan on it the loan would be divided on two things. Square footage and use.

 

[AntonToo]

You think Trump owned his son's company some money? Really?

When there's no evidence of anything, the possibilities are endless.

There is certainly some evidence, starting with Trump breaking modern presidential candidate norms and refusing to release his tax filings (except one page he leaked himself), while continuously lying that he will release them after [events that come and go].

 

[BuckToothMoron]

Trumps a crook!

Bears shit in woods!

Fags play tennis.

 

[Si modo]

There is certainly some evidence, starting with Trump breaking modern presidential candidate norms and refusing to release his taxes (except one page he leaked himself), while continuously lying that he will release them after [events that come and go].

Using that "logic", the practice of one's 5th Amendment rights is evidence of guilt.

 

[AntonToo]

Trumps a crook!

Bears shit in woods!

Fags play tennis.

Yes, they do. They also breathe air...don't choke or anything.

 

[EvilCat Breath]

This story just stinks starting with a limited liability company selling a condo to his son being an interfamily transfer. On its face that's impossible. Corporations are people remember. A limited liability company isn't related to any Trump. So that's garbage right there. Son of Trump probably didn't even buy it. It was another holding company that bought it. Had to be.
What did happen? It looks like the limited liability company sold a half interest in this property to another holding company. Since two properties were involved likely a land trust of some kind.

 

[Si modo]

Breaking!!!!! Evidence of tax fraud:.....

 

[MarkDuffy]

BREAKING: Evidence Trump Committed Criminal Tax Fraud
6703

The Washington Post just ran a breaking story, saying they have substantial evidence that President Donald Trump committed criminal tax fraud. They didn’t treat the story lightly, either.

They found that Trump used a limited liability company to sell two condominium apartments to his son, Eric Trump, at less than market value. Trump sold him the condos for $350,000 a piece, yet just a few months prior to that was listing the price at $790,000 and $800,000, respectively.

Here’s where we get into the interesting details: Since Trump didn’t sell them at fair market value, he should have paid a gift tax on the sale, but he didn’t. How do we know this? Well, President Trump’s tax returns aren’t publicly available (we wonder why) but there’s evidence proving he didn’t.

BREAKING: Evidence Trump Committed Criminal Tax Fraud

Trumps a crook!

Trumps a crook!

and water is wet

 

[SmokeALib]

BREAKING: Evidence Trump Committed Criminal Tax Fraud
6703

The Washington Post just ran a breaking story, saying they have substantial evidence that President Donald Trump committed criminal tax fraud. They didn’t treat the story lightly, either.

They found that Trump used a limited liability company to sell two condominium apartments to his son, Eric Trump, at less than market value. Trump sold him the condos for $350,000 a piece, yet just a few months prior to that was listing the price at $790,000 and $800,000, respectively.

Here’s where we get into the interesting details: Since Trump didn’t sell them at fair market value, he should have paid a gift tax on the sale, but he didn’t. How do we know this? Well, President Trump’s tax returns aren’t publicly available (we wonder why) but there’s evidence proving he didn’t.

BREAKING: Evidence Trump Committed Criminal Tax Fraud

Trumps a crook!

LOL the Washington Compost is fake news. Next.

 

[EvilCat Breath]

Wapo lies.

 

[SmokeALib]

Trumps a crook!

Bears shit in woods!

And leftist libtards shit on street corners. Next.

 

[nat4900]

As right wingers on this thread amply prove, always remember the ONE truth that Trump once stated:

 

[MarathonMike]

The Washington Compost has a team of "journalists" dedicated to Trump attacks. What does that tell you about their credibility as a newspaper? WAPO is also owned by Jeff Bezos the Ultra-Liberal Amazon CEO who wants to control the world through his company. And the way things are going, I wouldn't bet against him.

 

[depotoo]

From groopspeak?!? Lol

 

[nat4900]

As right wingers on this thread amply prove, always remember the ONE truth that Trump once stated:

 

[MarathonMike]

As right wingers on this thread amply prove, always remember the ONE truth that Trump once stated:

Which Party do you suppose is more reliant on the poorly educated? Before you answer, how about doing some research first. You may be surprised what you find.

 

[FA_Q2]

Their is no law for selling anything to a family member for less then appraised value!

You read English, right?

if Donald Trump sold the apartments to his son’s company for less than fair market value, he needed to file a gift tax return.

If a sale between a parent and child is for fair market value, it does not trigger a gift tax. But if a parent sells two expensive condominiums to his son at a highly discounted price, for example, then the parent makes a taxable gift in part. In that case, the seller must pay a gift tax of up to 40 percent. (In this case, that might have run the president somewhere in the neighborhood of $350,000.)

Ever heard of a quit claim?

Ever heard of beating around the bush? It's what you are doing.

A quit claim allows the buyer to get the land for balance owed.

You think Trump owned his son's company some money? Really?

 

[FA_Q2]

The op links to a story on a hack site that blatantly lies about the original story's claims which is an opinion piece to boot.

That is a rather epic fail.

Then again, it the democrats are just fine with the 'I forgot to pay my taxes' excuse anyway so...


The ironic part of this is that it does highlight the drastic need to simplify the pointlessly complex tax system we have.