‘Mr. Wonderful’ slams Trump ruling: ‘You might as well find guilty every real estate developer on Earth’

[OldFlame]

You mean like all those bankers that were charged during the subprime loan crisis because they didn’t verify incomes?

Thats right. It didn’t happen.

And they were caught and went down in flames you idiot.

 

[OldFlame]

My best guess is that the bank definitely knew that Trump‘s SFC was full of shit which is why they just cut his value in half rather than go through line by line to verify every item.

Besides, they got a personal guarantee out of him anyway.

Of course the bank won’t admit it because their reputation is important.

More importantly, whether the bank checked the numbers or not isn’t actually relevant to the charges. Submitting false information is fraud regardless.

All I can do is laugh... you're hilarious.

 

[Marener]

And they were caught and went down in flames you idiot.

Financial flames, but not criminal charges as you claimed they would be subject to.

 

[Nuthin' Fancy]

I don't give a fuck what an appraiser said at trial, the point being made was that Deutsche Bank did not have the assets appraised.

No shit

None of your long winded posts have proven that point.

They used Trump's appraisal numbers.

Darn, just like the crooks did in the sub-prime mortgage ripoff of 2008.

 

[Marener]

All I can do is laugh... you're hilarious.

You’re a troll. This is trolling.

 

[OldFlame]

Good god, why would anyone think what was said at trial would be relevant to the case? Surely your opinion matters more than the statements made by witnesses under oath!

Did the judge factually misrepresent what the witnesses said?

Tell us just what your issue with the judge is.

That corrupted show piece of a trial is all you have to hang your hat on, you give great credence to someone being 'under oath', even though you have zero idea what their testimony actually was, but think that banks run around willy nilly throwing out a quarter of a billion dollars based on a single SFC.

How do you know he factually represented what the witnesses said? You have no idea what the actual testimony was.

That judge is as biased against Trump as you are, and never should have been on the bench to begin with.

 

[martybegan]

Theres plenty factual items that are not open to interpretation.

For instance, Trump had a property valued at $161 million on his SFC and an independent appraisal put the value at less than $10 million. Trump’s valuation took into account the presence of a bunch of mansions that didn’t exist and legally couldn’t be built.

Tell me what is just a matter of opinion about valuing a property with improvements that hadn’t been constructed?

The future value of the property if the rules changed and the mansions could be built?

 

[martybegan]

Really?

NOT paying the proper tax on his real estate.

Kidder, the Trump company accountant, testified that as she filled out spreadsheets documenting the value of a Trump-owned Wall Street office building, then-finance chief Allen Weisselberg told her to act as if the skyscraper would be fully leased by a certain date, even if some space was currently vacant. For a Park Avenue residential tower, she was told to project that unsold units “would all sell out” in a certain timeframe.

Filling out forms for loans as if your building is completely full, when actually they are half empty.

Two sets of numbers, used for different purposes.

he paid the taxes the government asked for based on their valuation of the property using the laws for property taxes.

All housing sale prices are the same as the property tax values?

 

[OldFlame]

They used Trump's appraisal numbers.

Darn, just like the crooks did in the sub-prime mortgage ripoff of 2008.

So you're another idiot that believes Deutsche Bank gave out a quarter of a billion dollars on Trump's word.

 

[OldFlame]

You’re a troll. This is trolling.

And you're whining.

 

[Marener]

The future value of the property if the rules changed and the mansions could be built?

The SFC has to list current market value. Not speculative future value if a bunch of other stuff happens.

 

[OldFlame]

he paid the taxes the government asked for based on their valuation of the property using the laws for property taxes.

All housing sale prices are the same as the property tax values?

Apparently he believes that everyone sets their own tax valuations as well. Where do these people come from, do they have to deal with real life, ever?

 

[martybegan]

The SFC has to list current market value. Not speculative future value if a bunch of other stuff happens.

says who?

Again this is part of the negotiation process for the loan.

 

[Marener]

That corrupted show piece of a trial is all you have to hang your hat on, you give great credence to someone being 'under oath', even though you have zero idea what their testimony actually was, but think that banks run around willy nilly throwing out a quarter of a billion dollars based on a single SFC.

How do you know he factually represented what the witnesses said? You have no idea what the actual testimony was.

That judge is as biased against Trump as you are, and never should have been on the bench to begin with.

The trial was public including the testimony.

What are you hanging your hat on?

 

[OldFlame]

Depends on what you mean by due diligence. That’s a vague term which could mean different things to different people.

Doesn’t change the fact that Trump gave the bank false information.

That’s fraud.

Showing your complete ignorance once again, and you don't even understand why.

 

[OldFlame]

Stop trolling.

Fuck off.

 

[martybegan]

The trial was public including the testimony.

What are you hanging your hat on?

What "trial"?

The judge decided Trump was guilty at the start all on his own, the entire thing was just a penalty phase.

 

[OldFlame]

How much money has Trump made for that bank and other banks?

Rules are different because the banks can make real money of the larger loans.

She's clueless regarding big business, and she only cares if Trump is doing it, every other real estate mogul is safe, at least according to the NY governor. Wink Wink Nod Nod.

 

[Nuthin' Fancy]

he paid the taxes the government asked for based on their valuation of the property using the laws for property taxes.

All housing sale prices are the same as the property tax values?

What is rental property depreciation and how does it work?​

Roofstock
https://learn.roofstock.com › blog › rental-property-depr...
Jan 18, 2022 — If you're a real estate investor, each year you can deduct 3.636% (100% / 27.5 years) of the property's cost basis from your annual income to ..

 

[martybegan]

What is rental property depreciation and how does it work?​

View attachment 905993
Roofstock
https://learn.roofstock.com › blog › rental-property-depr...
Jan 18, 2022 — If you're a real estate investor, each year you can deduct 3.636% (100% / 27.5 years) of the property's cost basis from your annual income to ..

So did he file false numbers with the IRS?