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Biggest LOSER in America?

"You want a quote? Haven’t I written enough already???"

RIP

NYT is fake news.

biggest loser is crooked Hillary, like $1.2B campaign, sad

We’re gonna win so much, you may even get tired of winning. And you’ll say, 'Please, please. It’s too much winning. We can’t take it anymore. Mr. President, it’s too much.' And I’ll say, 'No, it isn’t!' We have to keep winning!

looks like he has a true superstar accounting team.  Showing profits on every report is a ceo cooking bonuses thing

I thought this was about that weight loss show on tv. I was hopeful to come into this thread and see a bunch of fat people, I’m leaving disappointed.

¯\_(ツ)_/¯ It be like that sometimes.

Yep, the best is when liberals say he’s broke and he’s been dating supermodels, living in a $50mm+ penthouse, flying around in a 757 with his name on it for decades!

We’re gonna win so much, you may even get tired of winning. And you’ll say, 'Please, please. It’s too much winning. We can’t take it anymore. Mr. President, it’s too much.' And I’ll say, 'No, it isn’t!' We have to keep winning!

Art of the Shill?

"You want a quote? Haven’t I written enough already???"

RIP

interesting article igor!

i mean it sounded like the majority of the money lost is from his investors. he seemed to have structured it so that his downside is minimized while he got a salary. sounds like he structured it perfectly although i prolly wouldnt trust him with my money!

I love my cheese. I got to have my cheddar.

“Real estate developers in the 1980’s & 1990’s, more than 30 years ago, were entitled to massive write offs and depreciation which would, if one was actively building, show losses and tax losses in almost all cases. Much was non monetary. Sometimes considered “tax shelter,” …… “

“….you would get it by building, or even buying. You always wanted to show losses for tax purposes….almost all real estate developers did - and often re-negotiate with banks, it was sport. Additionally, the very old information put out is a highly inaccurate Fake News hit job!”

The President of the United States has spoken, well played Mr. President!

We’re gonna win so much, you may even get tired of winning. And you’ll say, 'Please, please. It’s too much winning. We can’t take it anymore. Mr. President, it’s too much.' And I’ll say, 'No, it isn’t!' We have to keep winning!

^lol prolly why he will never release those tax returns. he doesnt pay taxes.

but we shouldnt hate the player. we should hate the game.

I love my cheese. I got to have my cheddar.

Yep, innocent until proven guilty, and no one is more innocent than President Trump!

We’re gonna win so much, you may even get tired of winning. And you’ll say, 'Please, please. It’s too much winning. We can’t take it anymore. Mr. President, it’s too much.' And I’ll say, 'No, it isn’t!' We have to keep winning!

Dude represented 1% of all total income losses for the country.  We literally elected the worst business man in America to the presidency. 

“I think nobody knows more about taxes than I do, maybe in the history of the world.”

Image result for I think nobody knows more about taxes than I do, maybe in the history of the world

#FreeCVM #FreeTurd #2007-2017

to be fair if you own real estate. at acquisition, its very easy to ramp up op losses. for examole. 

if you were to buy a property at the median price right now with median rent making basic assumptions. 3% appreciation, etc etc.

a property with respect to a 20% down payment, would yield 12% with apprecaition, -1% in cash flow, and a -20% in paper losses.

I love my cheese. I got to have my cheddar.

1987: “I don’t do it for the money. I’ve got enough, much more than I’ll ever need.” – loss 4.5 mil

1988: “If the world goes to hell in a handbasket, I won’t lose a dollar.” – loss 46 mil

1990: “It’s been good financially.” – loss 400 mil

sad

And yet he’s worth $3B…

#librullogic

#FreeCVM #FreeTurd #2007-2017

https://www.investopedia.com/updates/donald-trump-companies/

he owns a ****ton of businesses. im sure he uses the tax shelter to maximum effect. and many of the real estate he has purchased is prolly cash flowing with income. except the taj mahal. haha i heard that **** was sold for 4 cents on the dollar. lol

for 2017 alone, his golf courses made 250m.

I love my cheese. I got to have my cheddar.

haha one of the worst businessmen of all time

https://www.nytimes.com/2019/05/07/us/trump-tax-figures.html

Quote:

The tax code allows owners of commercial property to write down the cost of their buildings — a valuable tax shelter known as depreciation. In “The Art of the Deal,” Mr. Trump cited one of his Atlantic City casinos to show how it works. Built for $400 million and depreciated at a rate of 4 percent a year, he said, it could allow him to shelter $16 million in taxable income annually. But Mr. Trump’s example, meant to demonstrate the magic of depreciation, shows something else: Depreciation alone cannot account for the hundreds of millions of dollars in losses he declared on his taxes.

"You want a quote? Haven’t I written enough already???"

RIP

that article is super biased igor. you should read up on it using external sources.

im pretty sure they are talking about the taj mahal. trump spent maybe 1.2b buying and with construction. majority of which was financed trhough junk bonds. 

lastly depreciation is prolyl only a third of expenses he can use as a tax shelter.

https://en.wikipedia.org/wiki/Hard_Rock_Hotel_%26_Casino_Atlantic_City

I love my cheese. I got to have my cheddar.

claims bias, provides no supporting evidence. starts speculating wildly and provides wiki link.

well done Jr. have an up vote

"You want a quote? Haven’t I written enough already???"

RIP

NYT is fake news, after they released the apology for their biased “reporting” after the election, you can’t take anything they write seriously.

We’re gonna win so much, you may even get tired of winning. And you’ll say, 'Please, please. It’s too much winning. We can’t take it anymore. Mr. President, it’s too much.' And I’ll say, 'No, it isn’t!' We have to keep winning!

NYT is anti-semitic trash

The reality is the more liberal sources try to spin these things, the dumber they make themselves out to be with their feigned outrage.  Loss accounting!  Outrage!  Never heard of it!

Funny, I don’t remember Igor tripping over himself to post this one.  Anyhow, NYT outed itself as CSK pointed out with its openly racist cartoon following a string of biased coverage and subsequent handling of it.

https://www.nytimes.com/2019/04/18/opinion/barr-media-trump.html

Barr Is Right About Everything. Admit You Were Wrong.

After Trump’s vindication, the liberal media and its allies in government should face a reckoning. I’m not holding my breath.

#FreeCVM #FreeTurd #2007-2017

to be fair its a writer talking about real estate, prolly doesnt have a clue on how things work.  also my numbers though speculation prolly paints a better picture. than he claimed a billion in cumulative net losses in his tax return and equating it to a bad businessman, when its just smart tax planning.

lastly heres yoru writer. read all his articles. lol. 

https://www.nytimes.com/by/russ-buettner

trump dodge taxes

ifnlated wealth

donald lies about income

anyways there clearly a lack of objectivity with the writer. he takes facts and distorts the meaning of it.

I love my cheese. I got to have my cheddar.

Yeah, the reality is, you have a guy who took some number of millions of dollars and turned it into a number of billions of dollars.  It is fair to say look, he underperformed the S&P, had major advantages, over-hypes his mediocre success, is a sleazy businessman etc.  But this type of idiocy on a financial forum only makes the copy pasters look as dumb as the people writing it.

#FreeCVM #FreeTurd #2007-2017

lol why is BS getting triggered again?

you should be taking your anger out on the author not me I didn’t write it just posted the article and quotes lol

Sound like you have better sources than the failing NYT lol

sorry im not a religious NYT reader. 

"You want a quote? Haven’t I written enough already???"

RIP

It’s the stupidity.

#FreeCVM #FreeTurd #2007-2017

I guess if he did shoot someone on 5th ave people would still support him. 

MakE WaTeR COooLEr GrEaT AgAiN

"You want a quote? Haven’t I written enough already???"

RIP

It is pretty dumb to call him the “biggest loser” or whatever. The real point is that the level of losses he is claiming, particularly for some year between 1985 and 1994, are crazy high, which point to either to a failure or a fraud. If there is nothing to learn just release the returns enlightened.

Based on the underwriting pattern we see from lenders, it is completely reasonable to assume Trump Org is a bad credit and likely needs to restructure.

you basically need to come from a target school pedigree/work at prestigious firm in the US/have a really good connection.

- AF hivemind

Generating losses is pretty common in real estate, the magnitude of what he did is yuge, but its neither fraud nor failure.  Clearly he was audited over those periods and clearly he’s worth ~$3B.  If fraud is the concern, the IRS has the returns in question and has reviewed them.  If it’s failure, he has a visible real estate empire and is widely regarded to be worth several billion, so it can’t be that.  This is akin to the birther’s shouting for a pdf of Obama’s birth certificate.  Just yelling at the clouds from the people who couldn’t find collusion.

#FreeCVM #FreeTurd #2007-2017

FDR, Truman, Nixon, Ford, Carter, Reagan, Bush, Clinton, W. Bush and Obama all disclosed their tax returns. You do not know the capital structure of Trump Org. The lenders willing to extend credit speaks for itself. As somebody who spends/spent a decent amount of time underwriting various investments I’d like to see more disclosure, but unfortunately the above fact pattern is all I have to go on. 

you basically need to come from a target school pedigree/work at prestigious firm in the US/have a really good connection.

- AF hivemind