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Started By
Message
re: Jordy Culotta drops a MOAB on Dickie V re: Zion/Duke/LSU
Posted on 6/10/20 at 2:16 pm to ImayGoLesMiles
Posted on 6/10/20 at 2:16 pm to ImayGoLesMiles
Nice house. Coach K coming with the strong arse offer.
1
Posted on 6/10/20 at 3:00 pm to tigerballs
Lol, yep.
Posted on 6/10/20 at 3:02 pm to Silvermoon_WhereRU
quote:
Did they actually pay the rent at $5,000/month or was it a $900/month rental for them?
I don't want to assume, but what it sounds like you may be getting at is would it count as an impermissible benefit if they paid some level of rent on the house as long as the rent wasn't paid by someone else? And the answer is that if the amount paid in rent by the family is so disproportionate to the fair market value of the property, then yes, the NCAA would find it is an impermissible benefit. Essentially, it would be seen as an improper donation as the amount difference in what the home could bring on the market vs what the person actually paid would be seen as an improper financial benefit by the property owner (likely booster) to the family.
Posted on 6/10/20 at 3:38 pm to GeorgeTheGreek
quote:A coincidence just like Jordy transitioning from Mike Tyson behind DickV's back, to PeeWeeHerman whenever DickV calls in.
Its just coincidence!!!!!
Posted on 6/10/20 at 3:38 pm to TigerLaw40
quote:
Did they actually pay the rent at $5,000/month or was it a $900/month rental for them?
I wonder if they just paid $900 a month and the rest is in arrears letting the owner deduct it as a loss on his taxes?
This post was edited on 6/10/20 at 3:40 pm
Posted on 6/10/20 at 3:39 pm to The Pirate King
Who was the dumbass that downvoted it?
Posted on 6/10/20 at 3:54 pm to ImayGoLesMiles
quote:
. It's bullshite and shows his biases towards certain programs and coaches.
Exhibit A) rushing to Kansas and Bill Selfs defense a month or so ago after the were, you know, actually served notice from the NCAA.
Posted on 6/10/20 at 4:06 pm to ZydecoTigah
quote:
I wonder if they just paid $900 a month and the rest is in arrears letting the owner deduct it as a loss on his taxes?
Then that would still be a financial benefit to the renter, especially if no adverse action (e.g. eviction, negative report on credit, etc.) is taken. Basically the renter (Zion's family) would be able to live in an extremely nice home above their means at an extremely reduced rate, even if on paper it states they were to pay the market rate, without having anything negative happen to them.
And I'm not a tax attorney; but I'm pretty sure that the IRS would have some claims against the property owner for filing fraudulent returns.
Posted on 6/10/20 at 4:10 pm to The Pirate King
Any one else notice that it says 4,9995.00. That’s a typo lol.
Posted on 6/10/20 at 4:45 pm to LSUFanMizeWay
Posted on 6/10/20 at 4:47 pm to NewMoneyTrash
I don’t ever use the downvote or upvote functions
Posted on 6/10/20 at 4:56 pm to The Pirate King
“Hey baby, I think there are lots of things that are still in the air. I know Coach K. I know Coach K well and I know that if he knew any of this there is no way Zion would have a donned the blue. Coach K is a good man. He knew nothing. My sources say he knew nothing. But bad things coming to LSU. Will Wade is in hot water per my sources baby!
Posted on 6/10/20 at 4:57 pm to Lester Earl
quote:Why do you do this in every single thread you post in?
Where is the paper trail though?
Posted on 6/10/20 at 4:59 pm to TigerLaw40
You can get into a lot of trouble renting below market value to family members.... I have to think there are rules about renting below value by that much to “special friends” also..
It’s came in a while back and tried stopping excessive write downs...especially cognitive rental property to day job income...
Hope the it’s gets involved next.....
It’s came in a while back and tried stopping excessive write downs...especially cognitive rental property to day job income...
Hope the it’s gets involved next.....
Posted on 6/10/20 at 5:01 pm to Thecoz
IRS Not it’s
Sorry did not look up and proofread
Sorry did not look up and proofread
Posted on 6/10/20 at 5:03 pm to T
Looks a lot like my house, but mine's only about three fiddy.
Posted on 6/10/20 at 5:04 pm to NC_Tigah
quote:
A coincidence just like Jordy transitioning from Mike Tyson behind DickV's back, to PeeWeeHerman whenever DickV calls in.
You do realize that Jordy works for a station that is sponsored by ESPN, and Dickie V works for ESPN, and they need to be respectable towards each other right? I dont' think things would go over well for Jordy if he was the reason ESPN dropped their sponsorship of the station b/c of how he treated DickieV, and i'm sure Gordy has talks with him about how much he can go after DickieV.
Posted on 6/10/20 at 5:08 pm to Lester Earl
Lester you believe Joe acted properly in suspending Wade based on a Yahoo Article. I would assume that a claim in court would carry the same weight. Do you think Coach K should be suspended?
Posted on 6/10/20 at 5:49 pm to The Pirate King
Vitale is a ncaa swamp rat. Bias is strong in that guy.
Posted on 6/10/20 at 5:49 pm to Tigercowboy
It’ll be interesting to read Vitales reply. Surely he will address this objectively lol
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