General Discussion
In reply to the discussion: He refuses to disclose his tax returns... [View all]Wellstone ruled
(34,661 posts)What is needed is input from a Tax Lawyer who deals with these highly levered Real Estate Trusts. If your Account thinks write offs and Appreciation and Deprecation ideas will fly with the help of your Lawyer,go for it. IRS,will challenge it,but at the same time,they allow things based on evidence. Despite what one thinks,the People at the IRS are very helpful rather than hurtful. They have a job to do and they have seen it all.
Trump's Tax returns will prove once and for all,how certain people really twist the ruled to their advantage. And all those Trump voters will go nuts if they see this Guy never pays any Tax and undoubtedly received large negative refunds in the tens of millions. With Tax cuts coming for the very wealthy,you will never see these Tax returns. Call it Political Suicide.