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A difference between now and the Eighties
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redrobin
Posted 10/22/2016 19:09 (#5594800 - in reply to #5594682)
Subject: RE: A difference between now and the Eighties


outdoorswede - 10/22/2016 16:54

That "deal" you speak of worked like this. Donald put $10 mil in cash and borrowed $990 million. He lost it all. For some reason in real estate Donald could write off the entire billion (roughly)...
has your accountant never carried forward a loss?
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