0 Members and 2 Guests are viewing this topic.
LMAOthat's not even how it worklook, let me explainwhen i use to do accounting work.......you have to put down all your asset and how much it is worthwhat they saying is TRUMP say his building is worth $500+ million or whateverwhen it is only worth like $25+ million whatever the number isTHIS IS ACCOUNTING FRAUD 101its like saying the fortlift you purchase is actually worth $2 MILLION when it only $50kyou do this to inflate your business and make it look like the company have alot of asset $$$ now for like personal home and stuffif you ever own a housethe city will just calculated for you and you just pay that tax on how it is worthand than he put it on the listing for $17+ million and someone actually bought it
LMAO!!! You just proved my point... Who's to say how much a property is actually worth? If the owner says one thing but the assessor says one thing... the buyer/bank can determine the value base on that. And these banks did their home works before giving Trump the loans.Now, it would be fraud if he claimed to own this and this and this but in actuality he does not... or claimed his hotel made $$$$ when it actually made $$. The worth of any properties (land, building, house, etc etc) are all subjective... and we're talking about the worth of his building, not his businesses revenue or anything else.