Claimed value of sleepy NY estate could come to haunt Trump

Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....
 
yah, but he'd need a big reason to flip on the hand that fed him, and he goes back to Trump's daddy and roy cohn. The guy's in his 70s. It's true that Trump NEVER protects anyone beyond Stone, and even Stone did time. Like Flynn, the guy's kids are his weak spot. But they don't seem obviously dirty.

I never expected Vance to actually get Trump in jail. But tax penalties going back as far as possible, will put a dent in him. The best outcome would of course just be Trump taking his retirement like all other ex-presidents, but that's not gonna happen.

I think the prospect of doing time was Rump's top motivation both pre and post election.
Vegas doesn't have odds on this but they will. I agree with you that the odds are fairly slim, but not out of the question.
I'd put them at about 30% ...
Trump's cheated at taxes his whole life. I'll be surprised if he doesn't get "a bigger bill" from NYstate

Standing by my prediction and our resident Trumpeltons are welcome to bookmark.
Donald will be bankrupt (again) and also destitute by 2023.
He can't get a loan, his brand is mud, he's got 400+ million in personally assured loans coming due in next 2 years, and he'll spend a butt-ton defending himself in litigation (including civil) on short order.
The vultures are circling around his resort properties and will likely obtain them for pennies on the dollar.
Trump avoided bankruptcy in the past by leveraging the value of the TRUMP brand.

The TRUMP brand is in the sewer with more negative connotations than positive. Trumps history of stiffing creditors and defaulting on loans will not help him in bankruptcy.

He has a future in the Conservative media but I can see him having problems lining up sponsors. He is also a loose cannon and a target for litigation.
 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....


From 2005 to 2007....he did finally pay about seventy million dollars to the Internal Revenue Service. But then, in 2010, he demanded a full refund for those tax payments. And the I.R.S. acceded to his request: it paid him $72.9 million, including interest. This 2010 refund seems to be at the center of an auditing dispute between Trump and the tax authorities that has dragged on for almost a decade. It also appears to be the money that Michael Cohen, Trump’s former personal lawyer, was referring to in his 2019 testimony to Congress, when he recalled Trump showing him a huge check from the U.S. Treasury and remarked that Trump “could not believe how stupid the government was for giving someone like him that much money back.”

 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....

Interesting, so they started investigating in 2011, after he filed, concluded it in 2014...with nothing against Trump...and then in 2016...the year he won the Oval, the Obama admin reopened it....and since 2016...what do you know..still nothing from the Committee, even though it's been under Dem control.

and yes it does appear he was under audit like he said.
 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....

Interesting, so they started investigating in 2011, after he filed, concluded it in 2014...with nothing against Trump...and then in 2016...the year he won the Oval, the Obama admin reopened it....and since 2016...what do you know..still nothing from the Committee, even though it's been under Dem control.

and yes it does appear he was under audit like he said.

Criminal investigation into Trump inflating his asset values for financial leverage, while at the same time under-valuing them to IRS would be directly relvant to this despute.

Access to Trump's financial records to that end has only been granted very recently, after he left the WH.

 
Last edited:
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....

Interesting, so they started investigating in 2011, after he filed, concluded it in 2014...with nothing against Trump...and then in 2016...the year he won the Oval, the Obama admin reopened it....and since 2016...what do you know..still nothing from the Committee, even though it's been under Dem control.

and yes it does appear he was under audit like he said.

Criminal investigation into Trump inflating his asset values for financial leverage, while at the same time under-valuing them to IRS would be directly relvant to this despute.

Access to Trump's financial records to that end has only been granted very recently, after he left the WH.

The tax authorities don’t get valuations from property owners, Dummy.

Banks don’t get valuations from those looking to get a loan, Stupid.
 
More shenanigans...


Trump opted for a strategy that would allow him to keep the property but reduce his taxes. He granted an easement to a conservation land trust to preserve 158 acres (60 hectares) of meadows and mature forest.
Trump received a $21 million income tax deduction, equal to the value of the conserved land, according to property and court records. The amount was based on a professional appraisal that valued the full Seven Springs property at $56.5 million as of Dec. 1, 2015.
That was a much higher amount that the evaluation by local government assessors, who said the entire estate was worth $20 million.
Michael Colangelo, a lawyer in the New York attorney general's office, outlined the central question involving the Seven Springs easement at a hearing last year regarding a dispute over evidence.
“If the value of the easement was improperly inflated, who obtained the benefit from that improper inflation and in what amounts?” Colangelo said. “It goes without saying that the attorney general needs to see the records that would reflect the value of that deduction, as it flowed up to intermediate entities, and ultimately to Mr. Trump, personally.”
A message seeking comment was left with Trump’s spokesperson. In the past, the Republican ex-president has decried the investigations as part of a “witch hunt.”
Seven Springs caught investigators’ attention after Trump’s longtime personal lawyer and fixer Michael Cohen told a congressional committee in 2019 that Trump had a habit of manipulating property values — inflating them in some cases and minimizing them in others to gain favorable loan terms and tax benefits.
Cohen testified that Trump had financial statements saying Seven Springs was worth $291 million as of 2012. He gave copies of three of Trump's financial statements to the House Committee on Oversight and Reform during his testimony.
Cohen said the statements, from 2011, 2012 and 2013, were ones Trump gave to his main lender, Deutsche Bank, to inquire about a loan to buy the NFL's Buffalo Bills and to Forbes magazine to substantiate his claim to a place on its list of the world's wealthiest people.

Trump, on his annual financial disclosure forms while president, said the property was worth between $25 million and $50 million.
Property is always assessed by local government as less than what the sale price would be.

An appraiser will state the worth of a property as what it would potentially bring when sold.

Just look at your own property taxes to see proof of this.

My house is assessed for taxes as being worth 280K but I could sell it tomorrow for 425K
We're talking about the locals assessing the property at 1/10 the stated value.

That's responsibility the assessors office not the owner of the property.

The value of any property assessed by the state for taxes will always be lower than the market value.

That's just how it works and it's always been that way
That is how it usually works but not always. If there was a large downturn in the market since the last mass appraisal was done the assessed value by the auditor can be higher than it's market value. After the real estate debacle of 2007 a good percentage of the United States was over assessed on taxes. This is how ever not the norm.
 
i remember when AOC questioned michael cohen about this very thing ... she got alot of info during her allotted 5 minutes & apparently michael cohen ( who was privvy to it all ) has been VERY cooperative with cy vance & his RICO prosecuter.

 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....

Interesting, so they started investigating in 2011, after he filed, concluded it in 2014...with nothing against Trump...and then in 2016...the year he won the Oval, the Obama admin reopened it....and since 2016...what do you know..still nothing from the Committee, even though it's been under Dem control.

and yes it does appear he was under audit like he said.

Criminal investigation into Trump inflating his asset values for financial leverage, while at the same time under-valuing them to IRS would be directly relvant to this despute.

Access to Trump's financial records to that end has only been granted very recently, after he left the WH.

The IRS doesn't collect property taxes. They don't value your real estate. State and local authorities do, and they conduct their own appraisal

Trump has filed Fin disclosures yearly since 2016, they are public, and have been
 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
Trump overestimates or underestimates his assets when it suits him. Not that most people won’t do the same when it suits them also. However, with Trump, given the size of his real estate portfolio and the fact that he has admitted constantly being under “audit”, you would think he would not be so brazen in his tax fraud or manipulation. Some people just think the law does not apply to them.
Trump is a maestro of improving every thing that he touches, and those changes turn heads of people who appreciate immaculate properties that are universally admired. You leftist myopic control freaks hate anyone who stands for the good, the excellent, and the beautiful.

You Marxist monsters better stop crappin' on Trump. You're sickening the American people. And you're crusin' for a bruisin'.
 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
Trump overestimates or underestimates his assets when it suits him. Not that most people won’t do the same when it suits them also. However, with Trump, given the size of his real estate portfolio and the fact that he has admitted constantly being under “audit”, you would think he would not be so brazen in his tax fraud or manipulation. Some people just think the law does not apply to them.
Trump is a maestro of improving every thing that he touches, and those changes turn heads of people who appreciate immaculate properties that are universally admired. You leftist myopic control freaks hate anyone who stands for the good, the excellent, and the beautiful.

You Marxist monsters better stop crappin' on Trump. You're sickening the American people. And you're crusin' for a bruisin'.
Marxism thrives on misery.
 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
Trump overestimates or underestimates his assets when it suits him. Not that most people won’t do the same when it suits them also. However, with Trump, given the size of his real estate portfolio and the fact that he has admitted constantly being under “audit”, you would think he would not be so brazen in his tax fraud or manipulation. Some people just think the law does not apply to them.
Trump is a maestro of improving every thing that he touches, and those changes turn heads of people who appreciate immaculate properties that are universally admired. You leftist myopic control freaks hate anyone who stands for the good, the excellent, and the beautiful.

You Marxist monsters better stop crappin' on Trump. You're sickening the American people. And you're crusin' for a bruisin'.
Marxist? You sick q-Trumpers think anyone who disagrees with you is a Marxist. The fact is that the Trumper lke yourself has a commie mindset. You and your ilk have no problem prostrating themselves for Trump. Just like those poor saps in North Korea who weep whenever they see their dear leader. Try to break fee of your cult mindset no matter how impossible that may seem for you at this time.
 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
Trump overestimates or underestimates his assets when it suits him. Not that most people won’t do the same when it suits them also. However, with Trump, given the size of his real estate portfolio and the fact that he has admitted constantly being under “audit”, you would think he would not be so brazen in his tax fraud or manipulation. Some people just think the law does not apply to them.
Trump is a maestro of improving every thing that he touches, and those changes turn heads of people who appreciate immaculate properties that are universally admired. You leftist myopic control freaks hate anyone who stands for the good, the excellent, and the beautiful.

You Marxist monsters better stop crappin' on Trump. You're sickening the American people. And you're crusin' for a bruisin'.
Marxist? You sick q-Trumpers think anyone who disagrees with you are Marxist. The fact is the commie Q-Trumper like yourself has no problem prostrating themselves for Trump. Just like those poor saps in North Korea who weep whenever they see their dear leader. Try to break fee of your cult mindset no matter how impossible that may seem for you at this time.
List the policies of Trump that any American would consider the policy of a tyrant.
 
Undervaluing properties for taxes and overvaluing properties for insurance is at the core of one of the investigations.
No one on the left would care about any of this if trump had not run for president

But the message is clear to any future outsider who might want to mess with the washington establishment’s business - dont bother them and they wont bother you
Like Obamas birth certificate that Trump belly -ached about for 8 years?
 
Like Obamas birth certificate that Trump belly -ached about for 8 years?
I think obama finally caved under pressure after 2 or 3 years and posted someting on the internet that said he was one of us
 
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....

Interesting, so they started investigating in 2011, after he filed, concluded it in 2014...with nothing against Trump...and then in 2016...the year he won the Oval, the Obama admin reopened it....and since 2016...what do you know..still nothing from the Committee, even though it's been under Dem control.

and yes it does appear he was under audit like he said.

Criminal investigation into Trump inflating his asset values for financial leverage, while at the same time under-valuing them to IRS would be directly relvant to this despute.

Access to Trump's financial records to that end has only been granted very recently, after he left the WH.

The IRS doesn't collect property taxes. They don't value your real estate. State and local authorities do, and they conduct their own appraisal

Trump has filed Fin disclosures yearly since 2016, they are public, and have been

IRS taxes income which sometimes has to do with your asset valuations.

Bottom line is that Trump is under investigations in NY and there is open case over 70 million dollar tax liability.

"Financial disclosures" are far from a complete financial record make and are in a lot of ways ambiguous:

for exmaple:

Trump claims on his new disclosures that in 2018, the property generated income of $75,962,848. His forms from last year say the course generated $74,755,375 in 2017. That's about in line with the $75 million total revenue the Trump Organization claimed to Miami-Dade County tax officials in 2017, according to a Washington Post report this week.

But the company told Miami authorities that net operating income -- profit, that is -- fell from $13.8 million to $4.3 million, according to the Post. That's a clear indication that what Trump himself took home from Doral -- his personal income -- was much less than the amount he listed as "income" on his OGE form.


 
Last edited:
Trump will not go to jail over this.
As usual, he will deny any knowledge, blame others, blame a witch hunt

He will be fined, he will tie it up in appeals and ultimately not pay.

Rinse/Repeat
Why should he go to jail over this accusation? I mean if this is all the left wing's investigation has turned up.....it's a big zero

It is just the tip of the iceberg

The TRUMP empire is a House of Cards built on the TRUMP name and false valuations of assets

This is just the first card
wow...five years and we are just at the "tip of the iceberg" - and this is it? nothing? hahaha

I've heard your line before over and over again the past five years,,,with a big zero in the end

Trump has been hiding for five years.
You can’t investigate ME.....I am the PRESIDENT

Well, he ain’t the President anymore
Private Citizen Trump now has to pay the piper
um, he was investigated....repeatedly, often, over and over again. He wasn't hiding anywhere, his taxes were all filed with the Govt agencies

That is false. His financial records were sealed to investigators untill very recently and IRS has open case against him.
Nope, the IRS had the tax returns, as did the State of NY Tax Department....they have investigators at both agencies.

His Fin records, were already public, available since 2016 to review to anyone.....


I could go on.....

Interesting, so they started investigating in 2011, after he filed, concluded it in 2014...with nothing against Trump...and then in 2016...the year he won the Oval, the Obama admin reopened it....and since 2016...what do you know..still nothing from the Committee, even though it's been under Dem control.

and yes it does appear he was under audit like he said.

Criminal investigation into Trump inflating his asset values for financial leverage, while at the same time under-valuing them to IRS would be directly relvant to this despute.

Access to Trump's financial records to that end has only been granted very recently, after he left the WH.

The IRS doesn't collect property taxes. They don't value your real estate. State and local authorities do, and they conduct their own appraisal

Trump has filed Fin disclosures yearly since 2016, they are public, and have been

IRS taxes income which sometimes has to do with your asset valuations.

Bottom line is that Trump is under investigations in NY and there is open case over 70 million dollar tax liability.

"Financial disclosures" are far from a complete financial record make and are in a lot of ways ambiguous:

for exmaple:

Trump claims on his new disclosures that in 2018, the property generated income of $75,962,848. His forms from last year say the course generated $74,755,375 in 2017. That's about in line with the $75 million total revenue the Trump Organization claimed to Miami-Dade County tax officials in 2017, according to a Washington Post report this week.

But the company told Miami authorities that net operating income -- profit, that is -- fell from $13.8 million to $4.3 million, according to the Post. That's a clear indication that what Trump himself took home from Doral -- his personal income -- was much less than the amount he listed as "income" on his OGE form.


The IRS taxes your income for a year, not what you are overall worth.....you can be taxed on cap gains, but not that's not gonna happen until that real estate is sold

Yes, Trump has been under investigation by Vance for 5 years now, and he still has nothing.

Is it possible he owns more in taxes another audit? Maybe, but ok.....that happens...nothing criminal about that
 

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