Article

2008-09-05 -Lurid Crime Tales-

Rangel paid no mortgage interest on beach house

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by ed 2008-09-05 14:03|| || Front Page|| [4 views ] Top

#1 Oh oh, Charlie. Time to play dumb. Again.

Posted by tu3031 2008-09-05 14:26|| 2008-09-05 14:26|| Front Page Top

#2 Play?

Posted by Procopius2k 2008-09-05 15:06|| 2008-09-05 15:06|| Front Page Top

#3 Uh, guys? "Dominican Republic" is the key phrase here. Manifestly outside US jurisdiction, even if Charlie had done something wrong.

Posted by mojo">mojo 2008-09-05 16:32|| 2008-09-05 16:32|| Front Page Top

#4 Please correct if I'm wrong but income for US Persons is reportable and potentially taxable income. According to the IRS.

Posted by Besoeker 2008-09-05 16:34|| 2008-09-05 16:34|| Front Page Top

#5 Does "lack of interest payment" equal "income", that's the question.

Posted by Ebbatch Scourge of the Faith7719 2008-09-05 17:46|| 2008-09-05 17:46|| Front Page Top

#6 Try it on your tax return some time.

Posted by Nimble Spemble 2008-09-05 18:08|| 2008-09-05 18:08|| Front Page Top

#7 the NY Post first expose noted that he rarely uses the place, rents it out, yet doesn't declare any income. That's tax fraud, Chollie

Posted by Frank G">Frank G 2008-09-05 19:04|| 2008-09-05 19:04|| Front Page Top

#8 I wonder how much principal he has paid off on that "no interest" loan? And how much the original loan was for (and the appraised value)?

Something is a bit ripe here.

Posted by tipover 2008-09-05 19:10|| 2008-09-05 19:10|| Front Page Top

23:58 OldSpook
23:42 Frank G
23:41 Frank G
23:37 EHLTB
23:24 Beavis
23:12 OldSpook
23:10 Whavish Untervehr4912
23:06 Whavish Untervehr4912
23:05 European Conservative
23:02 OldSpook
22:56 Frank G
22:42 Steve White
22:40 OldSpook
22:26 Mike
22:23 no mo uro
22:17 no mo uro
22:07 3dc
21:59 g(r)omgoru
21:57 g(r)omgoru
21:27 ed
21:27 MarkZ
21:26 Adriane
21:23 bruce
21:22 Frank G