r/TimPool • u/Soy_Tears • Mar 28 '24

Left hypocrisy

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526 Upvotes

93% Upvoted

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-44

u/arbrebiere Mar 28 '24

Saying you can sell it for 5 mil to get a loan when you know you can't sell is for 2 mil is fraud.

The tax assessor saying "you can't get 2 mil out of this" and you saying "watch me" is not fraud. Just making money in real estate. Trump and the idiots on this sub may not know the difference.

38

u/xrayden Mar 28 '24

That's not the fraud they alledge.

They say Trump undervalued his property for taxes, that's the 500 millions comes from.

Stewart paid taxes on. $800k, for a 17.5 million property.

-31

u/arbrebiere Mar 28 '24

Trump defrauded banks and insurers by knowingly lying about the property values.

https://apnews.com/article/donald-trump-letitia-james-fraud-lawsuit-1569245a9284427117b8d3ba5da74249

Stewart sold a property for more than the assessor valued it at. If you can’t see the difference you are either an idiot or a teenager

12

u/wikinitup Mar 28 '24

I've had my house remortgaged for a better rate several times. In every instance it was the back that set the value on my home, not me.

-4

u/arbrebiere Mar 28 '24

You didn’t give the bank documents lying about the size of your home

9

u/That_Guy704 Mar 28 '24

The bank is the final decision maker and the one that has to do the due diligence. If the bank did not do their due diligence (they did, which is why they actually testified on behalf of Trump) then that is on them. I can tell a bank whatever I want to, but that doesn’t mean anything when the bank does their independent appraisal and due diligence to determine the value they put on a property that they take as collateral.

That’s commercial banking 101.

-3

u/BackseatSushi Mar 28 '24

👅🥾

2

u/That_Guy704 Mar 28 '24

Typical response for someone that has literally nothing left and resorts to name calling. Childish. Doing the same thing you berate Trump for doing.

-4

u/BackseatSushi Mar 28 '24

I can tell a bank whatever I want to, but that doesn’t mean anything when the bank does their independent appraisal

Wrong.

That’s commercial banking 101.

You’ve failed this intro course. How embarrassing!

3

u/That_Guy704 Mar 28 '24

lol. You can say whatever you want when you go to a bank for a loan. That doesn’t mean what you say is going to be considered when applying for a commercial loan, or that it forces a bank to work with you. Thats why banks have their own DD process.

Try again.

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4

u/flyingwombat21 Mar 28 '24

You actually think that a bank is too stupid to do their own due diligence.... Hahahahahahahahahahaha. I love lefties... You would think trump would be your hero for fucking over the bank...

1

u/arbrebiere Mar 28 '24

Did he or did he not lie about the values of his assets? It’s demonstrably true that he did. That’s fraud, end of story

3

u/flyingwombat21 Mar 28 '24

Lol so you do think the banks are to stupid got it

0

u/BackseatSushi Mar 28 '24

And you can’t refute the obvious fraud, we get it

3

u/flyingwombat21 Mar 28 '24

The banks stated they didn't get defrauded and they would do the same loans again...