 |
|
03-30-2019, 10:18 AM
|
#1306
|
|
The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,889
|
Quote:
Originally Posted by Clocker
What are the chances of two long shots, say 10-1 or higher, winning back to back, like in a daily double? Did it ever happen?
Does having a 100 year flood in one year increase or decrease or leave unchanged the odds of a 100 year flood in the next 5-10 years?
|
Calling Dave Schwartz!
What does Monty Hall say about this?
__________________
Who does the Racing Form Detective like in this one?
|
|
|
|
03-30-2019, 11:45 AM
|
#1307
|
|
Registered User
Join Date: May 2011
Posts: 22,656
|
Quote:
Originally Posted by elysiantraveller
Off just the top of me head.
Schedule E and Schedule S involve rental income and real estate transactions specifically. Both have areas for interest and mortgage deductions.
Apologies for the last reply.
|
Schedule S (Form 1120-F) Exclusion of Income From the International Operation of Ships or Aircraft Under Section 883?
https://www.irs.gov/pub/irs-pdf/i1120fs.pdf
This will tell net worth, leverage, and inflated assets for falsifying loan applications to banks? or is there some other lead that could be found in that form? like maybe they admit to being an agent of a foreign government in that form?
|
|
|
|
|
03-30-2019, 01:09 PM
|
#1308
|
|
Registered User
Join Date: Feb 2005
Posts: 1,144
|
A movie that paints a perfect photo of today modern New Democrat Party airs tonight at 8 PM on the AMC network........
Jonestown: Terror in the Jungle
THANK YOU, President Trump..... the Stable Genius 
|
|
|
|
03-30-2019, 01:34 PM
|
#1309
|
|
Registered User
Join Date: Aug 2009
Posts: 6,380
|
Quote:
Originally Posted by Tom
And what shocking revelations do you expect to find?
IRS was not alarmed by anything there.
|
Well the IRS ONLY looks at the figures and facts...
They need the Left and MSM to interpret and read between the lines.
__________________
Remember To Help Old Friends Thoroughbred Retirement Center.
|
|
|
|
|
03-30-2019, 03:34 PM
|
#1310
|
|
Registered User
Join Date: Oct 2004
Posts: 14,036
|
Quote:
Originally Posted by davew
Schedule S (Form 1120-F) Exclusion of Income From the International Operation of Ships or Aircraft Under Section 883?
https://www.irs.gov/pub/irs-pdf/i1120fs.pdf
This will tell net worth, leverage, and inflated assets for falsifying loan applications to banks? or is there some other lead that could be found in that form? like maybe they admit to being an agent of a foreign government in that form? |
1099-S
Apologies.
Schedule E would be the major one.
Finally yes just those two forms would give you a pretty good idea of what he's actually worth... His claims to Billions and Billions of dollars is based on the property he owns... He's pretty cash poor by his own admission which is fine but...
Knowing how much he's paying in finance costs makes it pretty easy to work backwards.
__________________
Dumbest timeline confirmed...
Last edited by elysiantraveller; 03-30-2019 at 03:36 PM.
|
|
|
|
|
03-30-2019, 04:02 PM
|
#1311
|
|
Registered User
Join Date: Aug 2009
Posts: 6,380
|
Quote:
Originally Posted by elysiantraveller
1099-S
Apologies.
Schedule E would be the major one.
Finally yes just those two forms would give you a pretty good idea of what he's actually worth... His claims to Billions and Billions of dollars is based on the property he owns... He's pretty cash poor by his own admission which is fine but...
Knowing how much he's paying in finance costs makes it pretty easy to work backwards.
|
And you'd be...
Without knowledge of how each and every loan is structured... your just miss reading between the lines. But that's what the whole Trump Tax thing is about.
__________________
Remember To Help Old Friends Thoroughbred Retirement Center.
|
|
|
|
|
03-30-2019, 05:03 PM
|
#1312
|
|
Registered User
Join Date: Oct 2004
Posts: 14,036
|
Quote:
Originally Posted by OntheRail
And you'd be...
Without knowledge of how each and every loan is structured... your just miss reading between the lines. But that's what the whole Trump Tax thing is about. |
No really...
Most business loans tend to follow relatively similar structure...
I wouldn't know though... just in the lending business.
__________________
Dumbest timeline confirmed...
|
|
|
|
|
03-30-2019, 05:39 PM
|
#1313
|
|
The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,889
|
Quote:
Originally Posted by elysiantraveller
1099-S
Apologies.
Schedule E would be the major one.
Finally yes just those two forms would give you a pretty good idea of what he's actually worth... His claims to Billions and Billions of dollars is based on the property he owns... He's pretty cash poor by his own admission which is fine but...
Knowing how much he's paying in finance costs makes it pretty easy to work backwards.
|
And this is important to know because......
I would be more interested in knowing how people like the Clintons and Obamas go into office broke and come out millionaires.
__________________
Who does the Racing Form Detective like in this one?
Last edited by Tom; 03-30-2019 at 05:40 PM.
|
|
|
|
|
03-30-2019, 06:03 PM
|
#1314
|
|
Registered User
Join Date: May 2011
Posts: 22,656
|
Quote:
Originally Posted by elysiantraveller
No really...
Most business loans tend to follow relatively similar structure...
I wouldn't know though... just in the lending business.
|
Do you have much experience on owning land under apartment complexes that have 99 year leases? or leasing land for 99 years and then spending $250 million on a building on this?
|
|
|
|
|
03-30-2019, 07:04 PM
|
#1315
|
|
Registered User
Join Date: Oct 2004
Posts: 14,036
|
Quote:
Originally Posted by Tom
And this is important to know because......
I would be more interested in knowing how people like the Clintons and Obamas go into office broke and come out millionaires.
|
You're more interested in two people who aren't President than the person who is?
__________________
Dumbest timeline confirmed...
|
|
|
|
|
03-30-2019, 07:08 PM
|
#1316
|
|
Registered User
Join Date: Oct 2004
Posts: 14,036
|
Quote:
Originally Posted by davew
Do you have much experience on owning land under apartment complexes that have 99 year leases? or leasing land for 99 years and then spending $250 million on a building on this?
|
No.
To the first though it doesn't matter if the underlying property is leveraged it will still be reported on your taxes.
To the second I doubt anyone is giving Trump a 99 year lease... like I said before... he has to go to places like Duetsche Bank to attain financing.
He's not a good risk for investors.
__________________
Dumbest timeline confirmed...
|
|
|
|
|
03-30-2019, 07:15 PM
|
#1317
|
|
Veteran
Join Date: Jan 2019
Posts: 510
|
Quote:
Originally Posted by elysiantraveller
You're more interested in two people who aren't President than the person who is?
|
MAGA!!!
|
|
|
|
|
03-30-2019, 08:21 PM
|
#1318
|
|
Registered User
Join Date: Aug 2009
Posts: 6,380
|
Quote:
Originally Posted by elysiantraveller
No really...
Most business loans tend to follow relatively similar structure...
I wouldn't know though... just in the lending business.
|
I'm sure your qualified to plug in Joe and Jenny info to search out a loan for their double wide or track house as the case maybe.
But are quit over your head when it comes to commercial and international financing.
Quote:
Originally Posted by elysiantraveller
No.
To the first though it doesn't matter if the underlying property is leveraged it will still be reported on your taxes.
To the second I doubt anyone is giving Trump a 99 year lease... like I said before... he has to go to places like Duetsche Bank to attain financing.
He's not a good risk for investors.
|
Your conflating Trump the person and Trump Inc. Trump the person would get a 1099 from Trump Inc. Trump's Accountant would take that minus his expenses... applied appropriate deduction ect and file them. Trump Inc. would file Corporate Taxes separately.
__________________
Remember To Help Old Friends Thoroughbred Retirement Center.
|
|
|
|
|
03-30-2019, 08:28 PM
|
#1319
|
|
Registered User
Join Date: Oct 2004
Posts: 14,036
|
Quote:
Originally Posted by OntheRail
I'm sure your qualified to plug in Joe and Jenny info to search out a loan for their double wide or track house as the case maybe.
But are quit over your head when it comes to commercial and international financing.
|
FINRA disagrees...
__________________
Dumbest timeline confirmed...
|
|
|
|
|
03-30-2019, 10:02 PM
|
#1320
|
|
The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,889
|
Quote:
Originally Posted by elysiantraveller
You're more interested in two people who aren't President than the person who is?
|
Answer the first part of my question.
Why should I care about his tax returns.
He didn't get rich on the job like the other did.
__________________
Who does the Racing Form Detective like in this one?
|
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|
