Hillary Clinton

jmowreader

(53,044 posts)

42. $22k in mortgage interest on a $200k salary is fishy as hell

Sat Apr 16, 2016, 02:08 AM

Apr 2016

I did the numbers from his tax return...mortgage lenders get antsy if more than 28 percent of your annual income goes to PITI on housing. He lists $14,843 in taxes and $22,946 in mortgage interest, which comes out to roughly 18 percent of his income on just those two items. I used the Burlington, VT, property tax calculator on the city's website and came out with somewhere around $600,000 worth of house to justify that much property tax - divide between at least two houses. Insurance on $600,000 worth of property is going to push him way over 28 percent, and we haven't even looked at principal.

Like I said in a post earlier tonight, Bernie Sanders is in dire need of an audit. There are WAY too many unanswered questions here.

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I suspect Bernie has not released his Schedule A because he [View all] Gomez163 Apr 2016 OP

Oh for cripe sake, can you give ONE example of this? Actor Apr 2016 #1

You see until he tells us we are going to speculate the hell out of it. Gomez163 Apr 2016 #7

+1 DesertRat Apr 2016 #32

Just to remind you, you're in the Hillary Clinton Group. BlueCaliDem Apr 2016 #13

perhaps some organization he doesn't want to be identified with still_one Apr 2016 #27

thats very possible. DesertFlower Apr 2016 #34

You don't have to name the recipients when you file. spooky3 Apr 2016 #39

That's true still_one Apr 2016 #41

did you forget the sarcasm image? KewlKat Apr 2016 #2

I'm new here. Gomez163 Apr 2016 #20

He has previously stated that he does not believe in charities. DURHAM D Apr 2016 #3

I dont think he has high state taxes or mortgage interest to equal Gomez163 Apr 2016 #5

what about church? KewlKat Apr 2016 #9

Possibly. The best way to know is to see the Schedule A. Gomez163 Apr 2016 #10

Jane's Catholic but he isn't religious. Rose Siding Apr 2016 #11

He might be claiming a big theft loss. That Hillary stole the primaries. Gomez163 Apr 2016 #12

Best comeback yet.! riversedge Apr 2016 #25

that's it................ still_one Apr 2016 #29

I think its fun to speculate about this usual nerd stuff like tax returns. Gomez163 Apr 2016 #14

He claimed $22k in interest and around $15k in RE tax. spooky3 Apr 2016 #40

$22k in mortgage interest on a $200k salary is fishy as hell jmowreader Apr 2016 #42

They own a condo in DC--purchased in 2007 for around $500k spooky3 Apr 2016 #43

Oh shit jmowreader Apr 2016 #44

I'm in the metro area--he's fine. In the neighborhood in which he bought, prices are spooky3 Apr 2016 #45

He's not fine jmowreader Apr 2016 #46

You're mixing up years. If they bought in 2007 (as the post I referred to claimed he did) then you spooky3 Apr 2016 #47

here's the link showing that he paid $489000 for the DC condo in 2007: spooky3 Apr 2016 #48

My bet is that he doesn't want to show that he donates nothing. IamMab Apr 2016 #6

Bingo! SharonClark Apr 2016 #4

It might be even more likely radical noodle Apr 2016 #8

I suspect his schedule d taught_me_patience Apr 2016 #15

Makes me wonder what he is trying to hide. 4now Apr 2016 #16

FRIDAY NEWS DUMP!!!!!!!!!!!!!!!!!! Gomez163 Apr 2016 #17

I heard that BS was going to release his hidden tax returns today 4now Apr 2016 #22

He could be paying tuitions or health care premiums. Thinkingabout Apr 2016 #18

Post removed Post removed Apr 2016 #19

Possible because he may not want to brag about donating money egalitegirl Apr 2016 #21

He might have a big carry forward from charitable contributions Gomez163 Apr 2016 #23

That is the best excuse that I have heard today 4now Apr 2016 #24

Maybe tax havens, it will be hard to say rich people should pay their taxes and he does Thinkingabout Apr 2016 #26

So a 1040 is now a full tax return? MattP Apr 2016 #28

Goodwill enid602 Apr 2016 #30

I don't know... KK9 Apr 2016 #31

Love your post! DemonGoddess Apr 2016 #35

interesting thought. DesertFlower Apr 2016 #33

So, there's now a pdf DemonGoddess Apr 2016 #36

7 pages KK9 Apr 2016 #37

I'm hoping I can get the link to work DemonGoddess Apr 2016 #38