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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (1136201)5/23/2019 6:12:35 PM
From: Heywood40  Read Replies (1) of 1585242
 
Even if you had ever paid taxes on a piece of property, you'd know that buildings are referred to as improvements.

I did the basic calc for you in my original post on the subject.

Message 32145896

You can look up online what properties LOW IQ FatRump owned at the time, and they were worth nowhere near the amount that would generate over $1B of depreciation during those years.

Lest you forget, the reason I posted this was not to say that LOW IQ FatRump fraudulently claimed this amount of depreciation. We don't know that. We do know he had losses of over $1B, but we don't know what the losses consisted of.

Those who want to believe LOW IQ FatRump isn't just a financial idiot are the ones who put forth the idea that the losses consisted of depreciation.

I'm saying, no, he didn't have anywhere near that amount of depreciable assets at the time.

Clear?
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