Posted on
Spread the love

 

Why Donald Trump Doesn’t Pay Tax

 

Depreciation is a deduction available due to the wear and tear of a building’s structure, its fixtures and fittings over time. It is considered a non-cash deduction, meaning investors do not need to spend any money to be able to claim it. 

Donald Trump and other real estate moguls operating a commercial property  pays very little tax on their respective businesses  simply because of depreciation laws that allows these businesses to conduct depreciation on their commercial properties.

These hotels could be grossing billions of dollars on a yearly bases, but if it’s claimed on their income statement that the assets are depreciating as much as the income the properties are generating then no gains is recorded hence no taxes are required.

Generally, Taxes are required and paid only on net income not gross income. 

There are several advantages of becoming a commercial real estate professional such as tax write offs, depreciation etc.. A guy like trump who experienced a lot of losses on his properties in New Jersey (Taj Mahal) and Golf courses he built all over the country; legally he wouldn’t be paying a lot of taxes because 100% of Zero is Zero!! Also, taking into account that many hotels during the corona covid-19 are running on less than 50% capacity due to covid-19, lots of these businesses are losing money everyday and most of them might go bankrupt without govt bailout.

Depreciation is not limited to hotels, anybody could take advantage of this tax lopehole by simply buying more commercial assets.

However, land known not to depreciate in value, it only appreciate with time. A portfolio of pure land will not be able to take advantage of the depreciation income tax loopholes simply because land does not depreciate.

  However, if the land is non-serviced farm land there is a tax incentive for farmlands. Since real estate is local, a local realtor in your city will be able to advice on tax incentives on farmlands ( tax rate is different for every city, province, state or country).

Like I mentioned earlier, Serviced prime land cannot be depreciated, it’s is when a commercial structure is erected on the land that the depreciation kicks in.  In essence, what is depreciating is the building not the land. For example, a lifespan of a typical Las Vegas Hotel is less than 15 years, these hotels on the Las Vegas strip are often depreciated and demolished and another newer hotel is built on the same land or location.

 

Please follow and like us:

186 Replies to “Depreciation, Donald Trump and Tax”

  1. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

  2. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

  3. You made some decent points there. I regarded on the internet for the issue and located most individuals will go together with with your website. Aundrea Milton Adams

  4. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

  5. I’ve been exploring for a little bit for any high-quality articles or blog posts on this sort of area . Exploring in Yahoo I at last stumbled upon this site. Reading this info So i’m happy to convey that I’ve an incredibly good uncanny feeling I discovered just what I needed. I most certainly will make sure to don’t forget this web site and give it a look regularly. Abdul Mulverhill

  6. Hello there! I could have sworn I’ve been to this site before but
    after reading through some of the post I realized it’s new to me.
    Anyhow, I’m definitely delighted I found it and I’ll be
    bookmarking and checking back often!

  7. Hi there, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam comments?
    If so how do you reduce it, any plugin or anything you
    can suggest? I get so much lately it’s driving me crazy so
    any assistance is very much appreciated.

    1. Lots of work was don to make look this way. The name theme is shown at the bottom of the blog. If you scroll all the way down you’ll see the name.

  8. It’s really a great and useful piece of information. I’m satisfied that you simply shared this useful information with
    us. Please stay us up to date like this. Thank you for sharing.

  9. I have been browsing online more than three hours today,
    yet I never found any interesting article like yours. It is pretty worth enough for
    me. In my view, if all website owners and bloggers made good content as you did, the web will be much more useful than ever before.

  10. I blog frequently and I genuinely thank you for your information. This
    article has really peaked my interest. I’m going to bookmark your website and keep checking
    for new information about once per week. I opted in for your RSS feed as well.

    1. WordPress still. Godaddy hosted it for $150 a year. I have 3 other websites on Shopify and google cloud respectively. I think WordPress is the best hands down when it comes to blogging.

  11. I believe everything said was actually very logical. But, think about this,
    what if you were to create a killer headline?
    I am not saying your information isn’t solid, however what if you added a headline that grabbed a person’s attention? I mean Depreciation, Donald
    Trump and Tax | Ade Aladejare is kinda boring. You might glance at Yahoo’s home page and see how they create post titles to grab viewers to click.
    You might add a video or a pic or two to get
    people excited about everything’ve got to say.
    In my opinion, it could bring your website a little livelier.

    1. I’m a realtor first and foremost, my job is to educate and help families with their real estate needs. This blog actually is the most popular so far, I’ve received lots of comments even though it’s boring.

      I cannot spend all day doing this, I have to spend more time selling homes…lol

  12. I have been surfing online more than 2 hours today, yet I never found any interesting article
    like yours. It’s pretty worth enough for me.
    Personally, if all site owners and bloggers made good content as you did, the internet will be a lot more useful than ever
    before.

  13. I do believe all of the ideas you have offered on your post.
    They’re really convincing and will definitely work.
    Nonetheless, the posts are very short for beginners. May
    you please prolong them a bit from subsequent time?
    Thanks for the post.

  14. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is
    added I get four emails with the same comment.
    Is there any way you can remove me from that service? Cheers!

  15. I’ll immediately clutch your rss feed as I can not in finding your e-mail subscription link or e-newsletter service.
    Do you have any? Please allow me realize so
    that I may just subscribe. Thanks.

  16. Simply wish to say your article is as astonishing.
    The clarity in your post is just nice and i can assume you’re an expert on this subject.
    Well with your permission allow me to grab your feed to keep updated
    with forthcoming post. Thanks a million and please carry on the rewarding work.

  17. Wonderful article! That is the type of info that are
    supposed to be shared around the internet. Disgrace on the seek engines for
    not positioning this post higher! Come on over and consult with my website .

    Thank you =)

  18. The road seemed to stretch on endlessly before us, but Alexis assured me that our journey was near an end. We’d turn before long into thick woods and travel through narrow, winding roads until we reached her family’s cabin. I had no choice but to trust her as GPS had given out nearly 20 minutes ago.

    “There’s good wifi and okay reception at the cabin,” she’d told me, “but you can’t get there unless you know the way.”
    https://telegra.ph/X-Centaurus-Ch-07-12-30
    So here I was, driving alone in the middle of god knows where with a girl who was my student just a couple of weeks ago. Her and her four best friends had been together from first grade all the way through high school and now they had graduated with very different futures ahead of them. They had decided to kick off “the best summer ever” with a week long stay at Alexis’s family cabin. Alexis and I were heading up before everyone else, the four other girls and four guys.

  19. Woah! I’m really digging the template/theme of this website.
    It’s simple, yet effective. A lot of times it’s hard to get that “perfect balance” between user friendliness and visual appeal.
    I must say you’ve done a very good job with this. Additionally, the
    blog loads super quick for me on Safari. Exceptional Blog!

  20. The road seemed to stretch on endlessly before us, but Alexis assured me that our journey was near an end. We’d turn before long into thick woods and travel through narrow, winding roads until we reached her family’s cabin. I had no choice but to trust her as GPS had given out nearly 20 minutes ago.

    “There’s good wifi and okay reception at the cabin,” she’d told me, “but you can’t get there unless you know the way.”
    https://rentry.co/rhsb9
    So here I was, driving alone in the middle of god knows where with a girl who was my student just a couple of weeks ago. Her and her four best friends had been together from first grade all the way through high school and now they had graduated with very different futures ahead of them. They had decided to kick off “the best summer ever” with a week long stay at Alexis’s family cabin. Alexis and I were heading up before everyone else, the four other girls and four guys.

  21. Good – I should definitely pronounce, impressed with your website. I had no trouble navigating through all tabs and related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or anything, website theme . a tones way for your customer to communicate. Excellent task..

  22. The road seemed to stretch on endlessly before us, but Alexis assured me that our journey was near an end. We’d turn before long into thick woods and travel through narrow, winding roads until we reached her family’s cabin. I had no choice but to trust her as GPS had given out nearly 20 minutes ago.

    “There’s good wifi and okay reception at the cabin,” she’d told me, “but you can’t get there unless you know the way.”
    https://txt.fyi/-/20356/c68e84f2/
    So here I was, driving alone in the middle of god knows where with a girl who was my student just a couple of weeks ago. Her and her four best friends had been together from first grade all the way through high school and now they had graduated with very different futures ahead of them. They had decided to kick off “the best summer ever” with a week long stay at Alexis’s family cabin. Alexis and I were heading up before everyone else, the four other girls and four guys.

  23. derma prime plus reviews
    Interesting blog! Is your theme custom made or did you download it from somewhere?
    A theme like yours with a few simple tweeks would really make my blog jump out.
    Please let me know where you got your design. Many thankshttps://linktr.ee/

  24. Hi there just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading properly.
    I’m not sure why but I think its a linking issue.
    I’ve tried it in two different browsers and both show the same results.

  25. It’s amazing to go to see this web site and reading the views of all friends
    concerning this post, while I am also eager of getting know-how.

  26. Heya this is somewhat of off topic but I was wanting to know if blogs use WYSIWYG
    editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding knowledge so I wanted to get advice from
    someone with experience. Any help would be greatly appreciated!

  27. Hello! I could have sworn I’ve been to this website before but after looking at a few of
    the articles I realized it’s new to me. Nonetheless, I’m definitely pleased I stumbled upon it and I’ll be book-marking it and checking back often!

  28. It’s appropriate time to make some plans for the future and it’s time to be
    happy. I’ve read this put up and if I may just I wish to recommend you few attention-grabbing issues or suggestions.

    Perhaps you can write next articles relating to this article.

    I desire to read more issues approximately it!

  29. Can I just say what a comfort to uncover an individual who
    actually understands what they’re discussing over the internet.
    You certainly realize how to bring a problem to light and make it
    important. More people must check this out and understand this side of your story.
    I was surprised you aren’t more popular since you definitely have the gift.

  30. Admiring the time and energy you put into your blog
    and in depth information you offer. It’s nice to come across a blog every once
    in a while that isn’t the same outdated rehashed information. Wonderful read!

    I’ve saved your site and I’m including your
    RSS feeds to my Google account.

  31. Pretty section of content. I just stumbled upon your site and in accession capital
    to assert that I acquire in fact enjoyed account your blog posts.
    Anyway I’ll be subscribing to your augment and even I achievement you access consistently rapidly.

  32. Just desire to say your article is as astounding. The clarity in your post is just spectacular and
    i could assume you are an expert on this subject.

    Fine with your permission let me to grab your RSS feed to keep updated with forthcoming post.
    Thanks a million and please continue the gratifying work.

  33. Do you have a spam problem on this blog; I also am a blogger,
    and I was wanting to know your situation; many of us have created some nice practices and
    we are looking to exchange techniques with other folks, why not shoot me an email if interested.

  34. First off I would like to say excellent blog! I had a quick
    question that I’d like to ask if you don’t mind.

    I was curious to find out how you center yourself and
    clear your thoughts before writing. I have had difficulty clearing my thoughts
    in getting my thoughts out. I do enjoy writing but
    it just seems like the first 10 to 15 minutes are wasted simply
    just trying to figure out how to begin. Any recommendations or hints?
    Appreciate it!

  35. This design is wicked! You obviously know how to keep a reader entertained.
    Between your wit and your videos, I was almost
    moved to start my own blog (well, almost…HaHa!) Wonderful job.
    I really enjoyed what you had to say, and more than that, how you presented it.
    Too cool!

  36. My brother recommended I might like this blog. He was totally right.
    This post truly made my day. You cann’t imagine just how much time I had spent for this information! Thanks!

  37. This design is wicked! You obviously know how to keep a reader amused.

    Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Excellent job.

    I really loved what you had to say, and more than that, how you presented it.
    Too cool!

  38. My partner and I absolutely love your blog and find a lot of your post’s to
    be precisely what I’m looking for. Would you offer guest
    writers to write content for you personally?
    I wouldn’t mind composing a post or elaborating on a lot of
    the subjects you write in relation to here. Again, awesome web log!

  39. Hello there! This post could not be written any better!
    Going through this post reminds me of my previous roommate!
    He constantly kept preaching about this. I most
    certainly will forward this post to him. Fairly certain he’ll have a very good read.
    Thank you for sharing!

  40. I am extremely impressed with your writing skills and also with the layout on your weblog.
    Is this a paid theme or did you modify it yourself?
    Either way keep up the nice quality writing, it is rare to
    see a great blog like this one these days.

  41. Hey there! I could have sworn I’ve been to this website before but after
    browsing through some of the post I realized it’s new to me.
    Anyhow, I’m definitely delighted I found it and I’ll be bookmarking and checking
    back often!

  42. I’m truly enjoying the design and layout of your website. It’s a
    very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a designer to create your theme?
    Superb work!

  43. When Dai Xiao Lei arrived at her Beijing apartment with her husband and son, after a long flight back from Canada, her mother-in-law and sister-in-law were already waiting inside.
    https://dominicabelova2.blogspot.com/2021/03/the-archivist-of-permamod-ch-01.html https://meltonowen454.blogspot.com/2021/02/the-pitch.html
    They wanted to take her 16-month-old to their family home in Gaoyang, several hours’ drive away, Dai said. Her then-husband seemed unsurprised and told her he must have forgotten to mention it, she said.
    “We never discussed this and there was no prior agreement at all,” she said. “This is not something that I agreed to. They didn’t care.”
    Dai tried to refuse, locking her son in his bedroom. But, she said, her now-former husband had been physically abusive and she was afraid. With no friends, family or neighbors nearby who could help, several hours later she conceded.
    In the following months, Dai said her ex-husband denied her repeated requests to see her son. He filed for divorce, claiming she was “irresponsible” and “didn’t have time to take care of the son due to work,” according to court documents reviewed by CNN. Dai, a Canadian citizen, went to the Beijing police and the Canadian consulate — but she said authorities called it a private family matter and that there was nothing they could do.

  44. That is really fascinating, You’re an excessively
    professional blogger. I have joined your rss feed and stay up
    for looking for extra of your fantastic post. Additionally,
    I have shared your site in my social networks

  45. Nice post. I learn something new and challenging on websites I stumbleupon everyday.
    It’s always helpful to read content from other authors and practice something from other web sites.

  46. Hello this is kinda of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding experience so I wanted to get advice from someone with experience.
    Any help would be greatly appreciated!

  47. My brother recommended I would possibly like this website.

    He used to be entirely right. This post actually made
    my day. You cann’t imagine just how a lot time I had spent for this
    information! Thank you!

  48. Wow, marvelous blog layout! How long have you been blogging for?
    you made blogging look easy. The overall look of your web site is magnificent, let alone the content!

  49. Greetings I am so glad I found your blog, I really found you by accident, while
    I was browsing on Askjeeve for something else, Anyways I am here now
    and would just like to say cheers for a fantastic post and a all round exciting blog (I also love the theme/design), I don’t have time to read through it all at the minute but I
    have book-marked it and also added in your RSS feeds, so
    when I have time I will be back to read more, Please do keep up the
    great work.

  50. Great post. I used to be
    checking continuously this weblog and I’m inspired! Extremely useful info particularly
    the last section :
    ) I care for such info a lot.
    I used to be looking for this certain info for a long time.

    Thank you and good luck.

  51. I wanted to thank you for this very good read!!

    I definitely loved every bit of it. I have you saved as a favorite to check out new things you post…

  52. Pretty section of content. I just stumbled upon your weblog and
    in accession capital to assert that I acquire actually enjoyed account your blog
    posts. Anyway I’ll be subscribing to your augment and
    even I achievement you access consistently quickly

  53. Hello there! Do you use Twitter? I’d like to follow you if that would be okay.
    I’m absolutely enjoying your blog and look forward to new updates.

  54. My brother recommended I might like this website. He was entirely right.

    This post actually made my day. You cann’t believe just how
    a lot time I had spent for this info! Thank you!

  55. I am not sure where you’re getting your info, but good
    topic. I needs to spend some time learning much more or understanding more.

    Thanks for fantastic info I was looking for this information for my mission.

  56. Hmm it seems like your blog ate my first comment (it was extremely long) so
    I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog.
    I as well am an aspiring blog blogger but I’m still new to the
    whole thing. Do you have any recommendations for inexperienced blog
    writers? I’d genuinely appreciate it.

    Here is my site … buy tiktok followers

  57. I am really impressed with your writing talents and also with the structure on your blog.
    Is this a paid subject matter or did you modify it your self?

    Anyway keep up the excellent high quality writing, it is uncommon to look a nice blog like this one nowadays..

    Check out my web-site … Seattle Weekly

  58. I’ve been exploring for a little bit for any high-quality articles or weblog posts on this sort of space
    . Exploring in Yahoo I at last stumbled upon this website.
    Studying this information So i am glad to exhibit that I have
    a very good uncanny feeling I discovered just what I needed.

    I such a lot indubitably will make certain to do not overlook
    this website and give it a glance regularly.

    my blog – dispensaries near me

  59. Excellent beat ! I wish to apprentice while you amend your website, how could i subscribe for a weblog
    site? The account helped me a applicable deal.

    I were a little bit familiar of this your broadcast offered vibrant transparent concept

    my blog post; weed near me

  60. I blog often and I really appreciate your information. This article has
    truly peaked my interest. I am going to take a note of your
    website and keep checking for new information about once per week.
    I subscribed to your RSS feed too.

    my homepage – weed dealer

  61. Yesterday, while I was at work, my cousin stole my iphone and tested to see if it can survive a forty foot
    drop, just so she can be a youtube sensation. My iPad is
    now broken and she has 83 views. I know this is totally off
    topic but I had to share it with someone!

  62. Have you ever considered creating an ebook or guest authoring on other websites?
    I have a blog centered on the same topics you discuss and would love to have you share some
    stories/information. I know my viewers would enjoy your work.
    If you’re even remotely interested, feel free to shoot me an e mail.

  63. You’re so interesting! I don’t think I’ve
    truly read something like this before. So great to find
    another person with a few original thoughts on this subject
    matter. Seriously.. many thanks for starting
    this up. This site is something that is needed on the web,
    someone with a bit of originality!

  64. We stumbled over here coming from a different web page and thought I may
    as well check things out. I like what I see so now i’m following
    you. Look forward to finding out about your web page again.

  65. Attractive element of content. I just stumbled upon your weblog and in accession capital to say that I
    get in fact enjoyed account your blog posts. Anyway I’ll be subscribing to your
    feeds or even I achievement you get admission to consistently fast.

  66. Excellent beat ! I wish to apprentice at the same time as you amend your site, how could i subscribe for a weblog site?

    The account aided me a appropriate deal. I were a little bit acquainted of this your broadcast provided brilliant transparent idea

  67. Hey there! I realize this is somewhat off-topic
    however I needed to ask. Does operating a well-established
    blog such as yours require a massive amount work?
    I’m brand new to operating a blog but I do write in my diary daily.
    I’d like to start a blog so I can easily share my own experience
    and feelings online. Please let me know if you have any kind of suggestions or tips for new aspiring bloggers.
    Appreciate it!

  68. Does your blog have a contact page? I’m having problems locating
    it but, I’d like to shoot you an e-mail. I’ve got some ideas for
    your blog you might be interested in hearing. Either way, great blog and I look forward to seeing it expand over time.

  69. Hi there! Would you mind if I share your blog with my myspace group?
    There’s a lot of folks that I think would really appreciate
    your content. Please let me know. Cheers

  70. Hi, i think that i saw you visited my web site thus i got
    here to go back the choose?.I’m attempting to to find things to
    enhance my site!I assume its adequate to make use of a few of your concepts!!

  71. Hey there! I know this is somewhat off topic but I was wondering which blog platform are you using for this website?
    I’m getting tired of WordPress because I’ve had problems with hackers
    and I’m looking at options for another platform. I would be great if you could
    point me in the direction of a good platform.

Leave a Reply

Your email address will not be published. Required fields are marked *