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I’ve seen this done with New York City commercial real estate, ‘accidentally’ sold far-below market rate to a party which flipped the property within 90 days at
by alchemism 6y ago
I’ve seen this done with New York City commercial real estate, ‘accidentally’ sold far-below market rate to a party which flipped the property within 90 days at (many) millions higher valuation. After this transaction occurred, coincidentally an IRS investigation into offshore Cayman accounts was decided to have no merit and dropped.
- sukilot 6y agoThis is a major part of Donald Trump's business. https://www.washingtonpost.com/outlook/trumps-businesses-are-full-of-dirty-russian-money-the-scandal-is-thats-legal/2019/03/29/11b812da-5171-11e9-88a1-ed346f0ec94f_story.html https://www.washingtonpost.com/outlook/trumps-businesses-are...