Trump is a successful golf course developer
Comments
-
He probably found a way to show 200 million on paper, which is probably why the IRS is pissed at him. And why he's been audited every year for over a decade. More than likely, he found a loophole to connect certain expenses to the venture to drive down any tax exposure. A term for that is accounting.2001400ex said:
Um. No. The funny thing is. He threw $200 plus million (after netting the real estate sales) into a course that makes $1,000,000 a year. Just think, in 200 years he'll make his money back.greenblood said:Do you read your articles before posting them? The biggest issue with the course is the coastal commission being dicks about removing "man made" waterfalls and preventing proper rebuilding.
-
Now hondo can try that at his burger stand in Nowhere Montanagreenblood said:
He probably found a way to show 200 million on paper, which is probably why the IRS is pissed at him. And why he's been audited every year for over a decade. More than likely, he found a loophole to connect certain expenses to the venture to drive down any tax exposure. A term for that is accounting.2001400ex said:
Um. No. The funny thing is. He threw $200 plus million (after netting the real estate sales) into a course that makes $1,000,000 a year. Just think, in 200 years he'll make his money back.greenblood said:Do you read your articles before posting them? The biggest issue with the course is the coastal commission being dicks about removing "man made" waterfalls and preventing proper rebuilding.
-
300 acres on the coast in LA...paid $27mm for it...yep, he's quite the dumbshit. A bit under $100k/acre for coastal dirt, clearly The Donald doesn't know what he's doing.
-
Fucktarded post of the year right there. Why would Trump allocate EXPENSES to an asset he'll never sell rather than write off those expenses that year? Is time value of money lost in you too?greenblood said:
He probably found a way to show 200 million on paper, which is probably why the IRS is pissed at him. And why he's been audited every year for over a decade. More than likely, he found a loophole to connect certain expenses to the venture to drive down any tax exposure. A term for that is accounting.2001400ex said:
Um. No. The funny thing is. He threw $200 plus million (after netting the real estate sales) into a course that makes $1,000,000 a year. Just think, in 200 years he'll make his money back.greenblood said:Do you read your articles before posting them? The biggest issue with the course is the coastal commission being dicks about removing "man made" waterfalls and preventing proper rebuilding.
-
Why do you hate the other $200 million he has into the project?HuskyInAZ said:300 acres on the coast in LA...paid $27mm for it...yep, he's quite the dumbshit. A bit under $100k/acre for coastal dirt, clearly The Donald doesn't know what he's doing.
-
Circles around your head is about all I can come up with.RaceBannon said:
Right and Hillary has successfully run what again?doogsinparadise said:
Usually I wouldn't care, but when they want to become cic it matters.Alexis said:I like when guys talk about what shitty businessmen super rich people are.
-
Thought the same thing. Gorgeous land, some of the the best in LA IMO. Too lazy to check but if it can be zoned residential, that was an epic steal.HuskyInAZ said:300 acres on the coast in LA...paid $27mm for it...yep, he's quite the dumbshit. A bit under $100k/acre for coastal dirt, clearly The Donald doesn't know what he's doing.
-
It's a conservation area. Zero chance it gets converted to residential. And again, why do you hate the other $200 million he had into it? Shit like rebuilding the 18th hole and a clubhouse that would be worthless.Southerndawg said:
Thought the same thing. Gorgeous land, some of the the best in LA IMO. Too lazy to check but if it can be zoned residential, that was an epic steal.HuskyInAZ said:300 acres on the coast in LA...paid $27mm for it...yep, he's quite the dumbshit. A bit under $100k/acre for coastal dirt, clearly The Donald doesn't know what he's doing.
-
Do you think you're funny?salemcoog said:
Circles around your head is about all I can come up with.RaceBannon said:
Right and Hillary has successfully run what again?doogsinparadise said:
Usually I wouldn't care, but when they want to become cic it matters.Alexis said:I like when guys talk about what shitty businessmen super rich people are.
Hondo better watch out. Looks like you want to steal his woman (?) -
salemcoog said:
Circles around your head is about all I can come up with.RaceBannon said:
Right and Hillary has successfully run what again?doogsinparadise said:
Usually I wouldn't care, but when they want to become cic it matters.Alexis said:I like when guys talk about what shitty businessmen super rich people are.
