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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsInside Seven Springs, Trump's Lavish, Tax-Evading Estate in Westchester County, NY
Of the many shocking revelations brought to light by the New York Times regarding Donald Trump's taxes (the fact that he doesn't pay them not being one of them), one in particular piqued our real estate-curious interest: the matter of his sprawling estate in Westchester.
According to the Times, Trump has written off his little-known Seven Springs property as a business investment rather than a personal residence, despite it being used for years solely as a family retreat. The result of his little loophole? "He has been able to write off $2.2 million in property taxes since 2014 even as his 2017 tax law has limited individuals to writing off only $10,000 in property taxes a year." Casual.
Click through for everything you need to know about this shady shell estate Eric Trump has dubbed "their [family] compound." Sure, it's no Hyannis Port, but it's pretty close.
https://guestofaguest.com/new-york/real-estate/inside-seven-springs-trumps-lavish-tax-evading-estate
At 41.166276, -73.695508 for the curious.
soothsayer
(38,601 posts)onethatcares
(16,166 posts)so this must be a vacation home used but 5 months a year and basically tax free. He voted out of Mar A Lago in Florida if I'm not mistaken.
Would that add up to: Tax Fraud, Bank Fraud, Voter Fraud and whatever other kind of FRAUD he mignt bedoing at any time?
Buns_of_Fire
(17,175 posts)Needs more kitsch. And Metallic Gold Rust-Oleum.