Event Description

Trump sold the property to Ryboloolev for approximately $100 million in 2008, three years after purchase. Trump claimed to have spent $20-30 million on repairs, which would reduce capital gains liability. Questions raised about how he reported the sale on his 2008 tax return.

Quoted Evidence

“Three years later 08 he sells it to Ryboloolev for approx 100 million. He should have had a 50 million plus capital gain. he tells people and press he spent 20-30 m to fix up. that would justifiy a reduction in captial gains. key question how did he report the sale , if he did at all on his 08 tax return.”

Trafficking Assessment