Thread by @mpukita

@nytimes again does a hit piece on @realDonaldTrump & fails.

Anonymous sources, no documents/primary evidence, all BS.

Let me debunk the math behind their story so everyone can understand paying no INCOME TAXES is every real estate investor's goal.

Part 1: Introduction

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Part 2: Purchasing a Commercial Real Estate Property - Purchase Price, Land Price, Equity ("down payment"), and Debt Financing ("leverage")

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Part 3: The Debt- aka "Financing"m - aka "Loan" on Our Example Property

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Part 4: Appreciation of Our Example Property

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Part 5: Annual Depreciation Expense - Commercial Property - Staright-Line 39-Years

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Part 6: Annual (and Monthly!) Expenses That Can Be Written-Off Against Rent(s) ... (for example)

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Part 7 A: Refinancing Our Property & Tax-Free Loan Proceeds - TAX FREE!!!

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Part 7 B: Refinancing Our Property & Tax-Free Loan Proceeds - TAX FREE!!!

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Part 8: Avoiding All Taxes with a 1031 Exchange - It's What Real Estate Investors Do, Every Day, Across Our Great Country

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