Defending Trump’s Tax Losses: The Real Estate Professional Exception Is Not a Loophole
Hey, have you heard about Donald Trump? You know, the guy who is accused of not paying his creditors, repeatedly making racist and sexist comments, and stealing Christmas from 1981 to 1985? On, and who also happens to be one of the last two applicants for the most important job in the world? Well, someone released three pages of one of Trump’s tax returns from 20 years ago, a violation of privacy which aside from angering Trump, had the unexpected effect of transforming the overwhelming majority of Americans into experts on the tax law.
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Authored by Tony Nitti, Withum Partner and writer for Forbes.com.
