General Discussion

Elwood P Dowd

(11,443 posts) Mon Mar 13, 2017, 10:13 PM Mar 2017

Trump SIL Kushner is going to make 400 million on some NYC real estate deal?

Did I hear that right on Rachel tonight?

Just how many billions are these crooks going to make while Trump is using the White House as his own personal money laundering/real estate headquarters?

6 replies

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Trump SIL Kushner is going to make 400 million on some NYC real estate deal? (Original Post) Elwood P Dowd Mar 2017 OP

That is correct. Raster Mar 2017 #1

Thanks. Elwood P Dowd Mar 2017 #3

The thing that's REALLY problematic is who he's selling to. Wanna guess? hedda_foil Mar 2017 #2

Yeah, a Chinese company is spending Ilsa Mar 2017 #4

His relationship to the White House is coincidental. dalton99a Mar 2017 #5

Debt forgiveness is treated as income by the IRS...he will have to pay tax Kaotic Mar 2017 #6

Raster

(20,998 posts)

1. That is correct.

Reply to Elwood P Dowd (Original post)

Mon Mar 13, 2017, 10:21 PM

Mar 2017

Elwood P Dowd

(11,443 posts)

3. Thanks.

Reply to Raster (Reply #1)

Mon Mar 13, 2017, 10:31 PM

Mar 2017

I wonder how long it will be before the tiny group of real journalists exposing this corruption gets canned.

hedda_foil

(16,373 posts)

2. The thing that's REALLY problematic is who he's selling to. Wanna guess?

Reply to Elwood P Dowd (Original post)

Mon Mar 13, 2017, 10:27 PM

Mar 2017

Let me give you a hint. It starts with r, ends with a and has us in the middle.

On edit: Not Rus_ia. China.,

Ilsa

(61,694 posts)

4. Yeah, a Chinese company is spending

Reply to Elwood P Dowd (Original post)

Mon Mar 13, 2017, 11:00 PM

Mar 2017

like a billion more on it than the last time it was purchased. Laundering?

dalton99a

(81,455 posts)

5. His relationship to the White House is coincidental.

Reply to Elwood P Dowd (Original post)

Mon Mar 13, 2017, 11:01 PM

Mar 2017

Kaotic

(83 posts)

6. Debt forgiveness is treated as income by the IRS...he will have to pay tax

Reply to Elwood P Dowd (Original post)

Mon Mar 13, 2017, 11:09 PM

Mar 2017

\In general, if you have cancellation of debt income because your debt is canceled, forgiven, or discharged for less than the amount you must pay, the amount of the canceled debt is taxable and you must report the canceled debt on your tax return for the year the cancellation occurs. The canceled debt isn't taxable, however, if the law specifically allows you to exclude it from gross income. These specific exclusions will be discussed later.

https://www.irs.gov/taxtopics/tc431.html

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