Sanders Townhall on Fox News

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_canpakes
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Re: Sanders Townhall on Fox News

Post by _canpakes »

subgenius wrote:(posts list of shell and holding companies)

Oh, look. A list of shell and holding companies. Thanks for proving the point. ; )

But you’re impressed by ‘board member’. We understand.
_canpakes
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Re: Sanders Townhall on Fox News

Post by _canpakes »

First one I looked up:

845 UN Limited Partnership

60% of the partnership is owned by Trump 845 LP LLC, which owns commercial and residential real estate valued between $1,000 and $15,000 that produces income less than $200.

40% of the partnership is owned by Trump 845 UN GP LLC, which also owns commercial and residential real estate valued between $1,000 and $15,000 that produces income less than $200.

Trump 845 LP LLC was 100% owned by Donald Trump in 2015.

Trump 845 UN GP LLC was 99.9% owned by Donald Trump in 2015, and 0.1% owned by Trump 845 UN Manager Corp, which was 100% owned by Donald Trump.

845 UN Mgr Corp owns commercial and residential real estate that is valued between $1,000 and $15,000 producing income less than $200.

It's like reading through the circular references from a FAIRmormon page. : )
_Chap
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Re: Sanders Townhall on Fox News

Post by _Chap »

canpakes wrote:First one I looked up:

845 UN Limited Partnership

60% of the partnership is owned by Trump 845 LP LLC, which owns commercial and residential real estate valued between $1,000 and $15,000 that produces income less than $200.

40% of the partnership is owned by Trump 845 UN GP LLC, which also owns commercial and residential real estate valued between $1,000 and $15,000 that produces income less than $200.

Trump 845 LP LLC was 100% owned by Donald Trump in 2015.

Trump 845 UN GP LLC was 99.9% owned by Donald Trump in 2015, and 0.1% owned by Trump 845 UN Manager Corp, which was 100% owned by Donald Trump.

845 UN Mgr Corp owns commercial and residential real estate that is valued between $1,000 and $15,000 producing income less than $200.

It's like reading through the circular references from a FAIRmormon page. : )


Setting up those companies was very likely one of the 'smart' things his accountants told him to do in order to avoid paying any tax.
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_Res Ipsa
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Re: Sanders Townhall on Fox News

Post by _Res Ipsa »

Actually, that’s not even a complicated ownership structure. I’ve seen a couple lately for mixed use projects that really made my head spin. In the planning stages, the developer owns all the entities. As the project moves forward, investors buy up parts of the LLCs. The General Contractor may partner with the developer by taking part of the ownership structure as payment. If you looked at the ownership at the end of the project, you’d see something quite different. Tax minimization is always important, but this kind of structure is generally driven by allocation of ownership rights and risks.
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_Kevin Graham
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Re: Sanders Townhall on Fox News

Post by _Kevin Graham »

subgenius fled the thread a month ago when we exposed his stupidity on this same point. I suspect he'll flee this one as well.

http://www.mormondiscussions.com/phpBB3 ... &p=1172221
_subgenius
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Re: Sanders Townhall on Fox News

Post by _subgenius »

canpakes wrote:
subgenius wrote:(posts list of shell and holding companies)

Oh, look. A list of shell and holding companies. Thanks for proving the point. ; )

But you’re impressed by ‘board member’. We understand.

CFR, but that's cool. Its easy to understand how you are confused on the matter.
Again, our old rich white is better(and richer) than your old rich white guy.
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_canpakes
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Joined: Wed Dec 07, 2011 6:54 am

Re: Sanders Townhall on Fox News

Post by _canpakes »

subgenius wrote:
canpakes wrote:Oh, look. A list of shell and holding companies. Thanks for proving the point. ; )

But you’re impressed by ‘board member’. We understand.

CFR, but that's cool.

Upthread.

You should pay better attention. :D
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