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Thread 510316059

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Anonymous (ID: ZNYqNGIZ) United States No.510316059 [Report] >>510316133 >>510316625 >>510316692
BUT I THOUGHT TRUMP WAS RICH
>Trump Tower, located in New York City, is owned by GMAC Commercial Mortgage, according to the New York City Department of City Planning. The Trump Organization, owned by Donald Trump, holds a ground lease on the property. This means the Trump Organization leases the land and buildings but pays rent to the owner.
Anonymous (ID: 1h0zF995) United States No.510316133 [Report]
>>510316059 (OP)
Step one in being rich, never pay for something you can convince someone else to pay for
Anonymous (ID: FsYnbK4k) United States No.510316625 [Report]
>>510316059 (OP)
>doesnt even know how business works
Anonymous (ID: pYUO5d4H) United States No.510316692 [Report]
>>510316059 (OP)
It's an accounting trick you retard. You write it off as a business expense so you pay less taxes