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Started By
Message
re: So in this civil Trump trial
Posted on 11/6/23 at 4:01 pm to BeepNode
Posted on 11/6/23 at 4:01 pm to BeepNode
The conflicting reported sizes of the penthouse apartment in NYC are a problem.
If it was reported at 10,000 sf for the taxing authority and 30,000 sf for the bank valuation... Then the argument that it’s just an estimate evaporates.
If it was reported at 10,000 sf for the taxing authority and 30,000 sf for the bank valuation... Then the argument that it’s just an estimate evaporates.
0
Posted on 11/6/23 at 4:01 pm to Warboo
quote:
It will be appealed and then nuked. You know this as I do. Its just lawfare by a corrupt AG. Simple as that.
If it's appealed and nuked, so be it. I don't want anyone to lose a court case unless they actually did something wrong. If he gets it appealed, good for him. But as of right now all the evidence shows some serious wrong doing by the Trump Org.
But if the appeal court doesn't overturn, since you are in a cult, you're argument will simply change to "well the appeals court is biased against trump!"
Posted on 11/6/23 at 4:03 pm to RedStickFox
TDS is strong with this one. If the appeals court were to not overturn the SC will.
Posted on 11/6/23 at 4:05 pm to RedStickFox
quote:
A grandma who inherited an apartment complex doesn't know what it's worth off the top of her head... therefor Trump is allowed to lie on financial documents for loans
That's literally what a financial statement is. A person or organization's estimate of asset value. You wanting it to be a "lie" doesn't make it so.
But lets play. If grandma is wrong, and a local NY DA wants to call her a liar, she goes to jail right? Even if no loans were made against that property and no one suffered financial loss.
Posted on 11/6/23 at 4:06 pm to Vacherie Saint
quote:
huh!? That's quite literally what we are doing
That's what YOU are doing. And I do see the other poster offering an opinion on the last page now. I haven't said anything about it other than that I think it's being prosecuted selectively, but even that doesn't mean there's no legitimate case. You can legitimately give every person driving 1 mph over the speed limit a ticket. The fact that law enforcement deliberately ignores some drivers and targets one driver in particular is selective prosecution/enforcement, but it doesn't mean the case doesn't have merit.
As I stated a couple of pages ago now, someone asked a question about the difference between MJ asking 29M for his house and someone inflating the value of collateral on a loan and I answered the question.
That's it.
Posted on 11/6/23 at 4:07 pm to Warboo
quote:
TDS is strong with this one.
I have TDS because I said that I don't want Trump to be ruled against if he didn't do anything wrong?
Exactly what do you think TDS stands for?
Posted on 11/6/23 at 4:08 pm to Warboo
quote:
TDS is strong with this one.
Since he's so interested in accurate financial disclosure, I wonder where he stands on the unreported hundreds of thousands in "loans" Joe made to Jim while he was out selling access to the whitehouse? LOL
Posted on 11/6/23 at 4:10 pm to wackatimesthree
if there were a legitimate case, it would have been brought to court years ago and by banks that were actually ripped off by Trump.
This is purely political. and we simply dont have to engage in this fantasy with you in order to discuss the case.
This is purely political. and we simply dont have to engage in this fantasy with you in order to discuss the case.
Posted on 11/6/23 at 4:15 pm to Vacherie Saint
quote:
That's literally what a financial statement is. A person or organization's estimate of asset value. You wanting it to be a "lie" doesn't make it so.
Correct. It's not a lie because RedStickFox said it's a lie. It's a lie because dozens of witnesses and documents brought before a court determined them to be lies.
quote:
But lets play. If grandma is wrong, and a local NY DA wants to call her a liar, she goes to jail right?
Trump isn't going to jail. He's paying a penalty.
But Trump isn't paying a penalty simply because the DA called her a liar. He's paying a penalty because the documents and witness in the case showed that the financial statements were purposefully falsified.
You can keep pretending that this is a simple difference of opinion, but thats not true. This isn't a simple case of "Trump said $10 million, but we think it's more like $13 Million." The charging documents literally spelled out hundreds of falsifications ranging from number of apartments that were rented out in buildings, the square footage, the appraised value, who appraised the building, if the building value was increased due to the "Trump Brand" etc. etc. etc.
This was not a simple disagreement. Quit being dishonest.
Posted on 11/6/23 at 4:21 pm to BeepNode
quote:You think tax appraisals = fair market prices?
Fairly easy to do if they stated the value to be A LOT less when advantageous to do so and then A LOT more when advantageous, in a short period of time.
I could make $1,000,000 a month in TX if that were the case. 
Posted on 11/6/23 at 4:23 pm to RoosterCogburn585
What they're doing to Donald Trump, they'll do to his followers. Book it!
Trump 2024 - They're really after you, I'm just in the way
Trump 2024 - They're really after you, I'm just in the way
Posted on 11/6/23 at 4:27 pm to Taxing Authority
quote:
ou think tax appraisals = fair market prices? I could make $1,000,000 a month in TX if that were the case.
I think if you say your property is 10,000 sqft and worth $10m when it comes to paying taxes, but say it's 30,000 sqft and worth $160m when it comes to getting a loan then there could easily be some fraud going on there. Not sure why that isn't obvious.
The bank gave him a lot of latitude there which is the oddest part.
Posted on 11/6/23 at 4:32 pm to RedStickFox
There will always be inconsistencies between appraisals, inspections, BPO's evaluations, financial docs, blueprints, renovation plans, tax assessments, legal descriptions, I could go on and on forever. I have 2 BPO's on my desk for the same property written on the same day by the same broker that are a quarter million apart on a 1500 sqft house. I can make a loan on a million dollar property, reinvest the loan into the same property, and radically change its characteristics and value before the first payment is due. Value is subjective until sale and real estate isnt static, You have no idea how dynamic this stuff is.
This is a classic indict a ham sandwich case. Its amazing that you are so goddamned arrogant that you will come here and try to convince a room full of educated people that this is anything other than political.
This is a classic indict a ham sandwich case. Its amazing that you are so goddamned arrogant that you will come here and try to convince a room full of educated people that this is anything other than political.
Posted on 11/6/23 at 4:38 pm to BeepNode
the tax assessor is responsible for the tax value of the property, which is always wrong, but nonetheless they need to be clear about how they measure square footage, understand if that metric has changed at some point (additions, demo, etc.) The bank will ALWAYS do their own appraisal if the real estate is securing the loan.
But if the goal of the justice system is to go through reams of documents over many years, prosecute any and all inconsistencies and label that fraud, we are all fricked.
But if the goal of the justice system is to go through reams of documents over many years, prosecute any and all inconsistencies and label that fraud, we are all fricked.
Posted on 11/6/23 at 4:39 pm to BeepNode
quote:Cool. I can make stuff up too.
I think if you say your property is 10,000 sqft and worth $10m when it comes to paying taxes, but say it's 30,000 sqft and worth $160m when it comes to getting a loan then there could easily be some fraud going on there.
quote:
Not sure why that isn't obvious.
Posted on 11/6/23 at 4:40 pm to Vacherie Saint
quote:Damn near any homeowner in TX.
But if the goal of the justice system is to go through reams of documents over many years, prosecute any and all inconsistencies and label that fraud, we are all fricked.
Posted on 11/6/23 at 4:47 pm to Taxing Authority
right. If I close in a patio or slap a window unit and TV in the attic of the barn and dont report that as living square footage to the tax assessors office, I'm committing fraud? Even if I dont personally believe it meets the standard?
If a broker friend tells me that she can get 500K for my house and I use that on a bank application, but the bank's appraisal comes back at 425K, have I committed fraud?
If a broker friend tells me that she can get 500K for my house and I use that on a bank application, but the bank's appraisal comes back at 425K, have I committed fraud?
Posted on 11/6/23 at 5:07 pm to Vacherie Saint
quote:
You have no idea how dynamic this stuff is.
You're argument is literally "this stuff is complicated and dynamic, therefor you can put down any number and it's ok".
You sound ridiculous. You keep acting as though I'm not aware that appraisals aren't science. I'm well aware that you will see some wide margins if you get a number of appraisals. But the Trump org isn't simply accused of having differences of opinions.
Just because Trump said he could shoot someone and not lose a vote doesn't mean that you aren't allowed to think critically and look at the facts.
Posted on 11/6/23 at 5:24 pm to Chicagoland Tiger
The judge already ruled last month that Trump is guilty. The current kangaroo court is to determine the fine. The Attorney General is asking for $250 million.
Posted on 11/6/23 at 6:15 pm to RedStickFox
You are joking, right? Hahaha
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