, 3 tweets, 2 min read Read on Twitter
One thing to note: @realDonaldTrump lists *revenue* for his properties. Not profit. That tells you what $ came in the door, but not how much went out again to pay expenses, taxes, interest, etc. Doral, for instance, had $75M in revenue on the form in 2017, but $4.2M in profit.
Heres the breakdown of revenues and operating expenses at Doral in 2017. Shows how expensive it is to run the place.
@Fahrenthold then you still have to pay taxes, mortgage interest, etc. so $75M in revenue becomes $4.3M in net operating income.
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