Shuffling assets, Trump passes Mar-A-Largo to idiot son

17 posts were merged into an existing topic: Jinks and Drinks Derail

It should be house arrest in New York - it’ll less of a commute to his other trials.

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Is it bad that I’d like one of those too?

I could use the undirected energy.

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It’s exactly how old Donny got his start - shoveled money under his name to hide it.

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Nasally ingested.

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… wouldn’t want to mix up the pokey and the clink

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Despite the specific facts dissolving, this could be to minimize income tax.

One might set an inflated value in a non-arms-length transaction to increase the gain on disposition. Seems counterintuitive, but there may be losses from the past that are soon to expire, or cannot be transferred to another legal entity. So might as well use them up. The advantage is to the new owner as their capital cost is far higher than market which may minimize income tax in the future.

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Unrecorded mortgage? Maybe Trump never really owned it and the oligarch is switching nominal ownership to Jr to protect the asset now that it’s clear that Donnie is both going to prison and going to be swamped by judgements.

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Yeah, my first thought was “which one?”

This would be a great time to audit that person and seize his assets, including the cheesy place.

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Papasan, is that you?

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I’m wondering that same thing right now!

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A whole lotta TrumpCos:

https://opencorporates.com/corporate_groupings/Donald%20Trump/companies

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Buddy Hield Basketball GIF by Indiana Pacers

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And a Burber Butler.

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I’m guessing we can narrow it down to “not Barron”

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They reverted the address profile back to the way it was before the bad data was submitted. They have addressed this via public statement.

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Not sure if anything will be changed in the aftermath of this glitch, but historically, it’s as easy as submitting bogus credentials for one of several real estate related professions. Vetting seems to have been quite minimal, if any, depending. Alternately, you can “claim” a property and submit updates to the displayed data if something is incorrect and most of the time such changes go through. There are plenty of previous occasions where the Zillow record for a given property has been changed via such methods, with often amusing results. No hacking required, just a bare minimum of social engineering.
Whether or not they’ll address such issues remains to be seen, as accuracy seems to (shockingly) not be part of their core business strategy. As a data aggregator, they exist to siphon other data that’s presumed to be of reasonable accuracy and then to transform it into a more accessible form. But, it costs a lot of money to do verification tasks and doing so wouldn’t improve their income stream sufficiently enough for them to implement, so here we sit in the land of big data.

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