EXPOSED: Trump Tax Documents Show Major Inconsistencies

[reagansghost]

Trump's tax fraud indictment all ready to go on Jan 20th, 2021...


Source: ProPublica

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

For instance, Trump told the lender that he took in twice as much rent from one building as he reported to tax authorities during the same year, 2017. He also gave conflicting occupancy figures for one of his signature skyscrapers, located at 40 Wall Street.

Lenders like to see a rising occupancy level as a sign of what they call “leasing momentum.” Sure enough, the company told a lender that 40 Wall Street had been 58.9% leased on Dec. 31, 2012, and then rose to 95% a few years later. The company told tax officials the building was 81% rented as of Jan. 5, 2013.

A dozen real estate professionals told ProPublica they saw no clear explanation for multiple inconsistencies in the documents. The discrepancies are “versions of fraud,” said Nancy Wallace, a professor of finance and real estate at the Haas School of Business at the University of California-Berkeley. “This kind of stuff is not OK.”

https://www.propublica.org/article/t...nconsistencies

[Micawber]

As I predicted. Two sets of books. Well, in his case hundreds.

[Centerleftfl]

Precisely as COHEN, Trumps FIXER, described. Inflated values of property and income to get loans. Deflated values and income for taxes. Even the double digiters here can get THAT concept.

[Earl]

ProPublica:

Most popular stories:

Update: We Found a “Staggering” 281 Lobbyists Who’ve Worked in the Trump Administration
Listen to Conference-Goers at Trump Resort Chant for “War!”
An Unbelievable Story of Rape
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Sure sounds fair and balanced...lol.

[reagansghost]

As I predicted. Two sets of books. Well, in his case hundreds.

tip of the iceberg, it's not nice to fool mother IRS

[Trumpet]

Trump=Fraud INC.

[Centerleftfl]

ProPublica:

Most popular stories:

Update: We Found a “Staggering” 281 Lobbyists Who’ve Worked in the Trump Administration
Listen to Conference-Goers at Trump Resort Chant for “War!”
An Unbelievable Story of Rape
Trump’s Trillion-Dollar Hit to Homeowners

Sure sounds fair and balanced...lol.

DUMBASS! You're just pissed because there are NO corresponding stories, even from the plethora of RIGHT WING sources, when you google the same for OBAMA.

PS And Clinton was an amateur compared to TRUMP in sexual escapades and the MORE serious allegations. And he didn't pay ANY of them off. Though he did buy MONICA a book of poetry, a scarf and a stuffed animal.

[Centerleftfl]

Trump=Fraud INC.

In LEGAL terms: BANK FRAUD

(This is going to get very deep and wide. I wanna see ALL the shit when it crosses continents, specifically to the EASTERN end of EUROPE)

[canceled.2021.3]

tip of the iceberg, it's not nice to fool mother IRS

I love when you make my predictions come true.

TIP OF THE ICEBERG

TIP OF THE ICEBERG

WALLS ARE CLOSING IN

WALLS ARE CLOSING IN

BEGINNING OF THE END

BEGINNING OF THE END


I do appreciate your ability to never tire of being wrong

[Getin the ring]

Trump's tax fraud indictment all ready to go on Jan 20th, 2021...

so the ninth circuit managed to find something the IRS missed huh? you're a real hoot, keep um coming

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

For instance, Trump told the lender that he took in twice as much rent from one building as he reported to tax authorities during the same year, 2017. He also gave conflicting occupancy figures for one of his signature skyscrapers, located at 40 Wall Street.

so he's brilliant, eloquently stated, he's brilliant

so you still need further proof of his business savvy, or will this be all.. fruitcake?

[Earl]

I love when you make my predictions come true.

TIP OF THE ICEBERG

TIP OF THE ICEBERG

WALLS ARE CLOSING IN

WALLS ARE CLOSING IN

BEGINNING OF THE END

BEGINNING OF THE END


I do appreciate your ability to never tire of being wrong

Indeed.

[Trumpet]

In LEGAL terms: BANK FRAUD

(This is going to get very deep and wide. I wanna see ALL the shit when it crosses continents, specifically to the EASTERN end of EUROPE)

I imagine that there's going to be plenty of litigation that is going to be very costly for Trump.

[reagansghost]

I imagine that there's going to be plenty of litigation that is going to be very costly for Trump.

Judge dismisses Trump request to keep taxes secret in New York

https://www.cnn.com/2019/10/07/polit...uit/index.html


tick tick tick tick....

[countryboy]

Trump's tax fraud indictment all ready to go on Jan 20th, 2021...


Source: ProPublica

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

For instance, Trump told the lender that he took in twice as much rent from one building as he reported to tax authorities during the same year, 2017. He also gave conflicting occupancy figures for one of his signature skyscrapers, located at 40 Wall Street.

Lenders like to see a rising occupancy level as a sign of what they call “leasing momentum.” Sure enough, the company told a lender that 40 Wall Street had been 58.9% leased on Dec. 31, 2012, and then rose to 95% a few years later. The company told tax officials the building was 81% rented as of Jan. 5, 2013.

A dozen real estate professionals told ProPublica they saw no clear explanation for multiple inconsistencies in the documents. The discrepancies are “versions of fraud,” said Nancy Wallace, a professor of finance and real estate at the Haas School of Business at the University of California-Berkeley. “This kind of stuff is not OK.”

https://www.propublica.org/article/t...nconsistencies

Lol, you got Maddowed. Nobody believes libs anymore. Give it up.

[reagansghost]

you wish

enjoy the ride