Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

struggle4progress

(118,290 posts)
Sun Oct 6, 2019, 05:01 PM Oct 2019

Balmedie golf resort makes 1m loss for SEVENTH year in a row

Stuart MacDonald
5 Oct 2019, 12:00

Trump International Golf Links at Menie Estate in Balmedie has failed to turn a profit since opening in 2012 after a battle with environmental campaigners ...

... the White House chief's son Eric said: "Trump International continues to soar in the world golf rankings and plays an important part in the global Trump portfolio ...

https://www.thescottishsun.co.uk/news/4801050/donald-trump-balmedie-aberdeenshire-loss/

10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Balmedie golf resort makes 1m loss for SEVENTH year in a row (Original Post) struggle4progress Oct 2019 OP
Where's Nelson when you need him? Initech Oct 2019 #1
In US, if you claim a loss 3 or 5 years, IRS can prohibit claiming loss, classify business as hobby. TheBlackAdder Oct 2019 #2
I've heard that he cheats at golf. Initech Oct 2019 #3
Trump absolutely cheats at golf PJMcK Oct 2019 #7
Cheats on golf, cheats on his taxes, cheats on his wives... Initech Oct 2019 #9
They're allowed to funnel profits from other businesses into the ones that are losing money FakeNoose Oct 2019 #4
The Scotts just call him a lunatica Oct 2019 #5
It's how you launder filthy money: Pour the filth in, give up on some of the profits, lindysalsagal Oct 2019 #6
+ struggle4progress Oct 2019 #8
Soon to be renamed "The Impeachment Links" I hope rurallib Oct 2019 #10

TheBlackAdder

(28,205 posts)
2. In US, if you claim a loss 3 or 5 years, IRS can prohibit claiming loss, classify business as hobby.
Sun Oct 6, 2019, 05:11 PM
Oct 2019

.

How do they handle successive losses in Scotland?

.

Initech

(100,079 posts)
3. I've heard that he cheats at golf.
Sun Oct 6, 2019, 05:14 PM
Oct 2019

There was an interview with a PGA player a couple of years ago where he said that Trump was one of the worst people he has ever played with.

So if he cheats at golf, which is not surprising in the least, I would not be surprised either if he cheats on his taxes. Just saying.

PJMcK

(22,037 posts)
7. Trump absolutely cheats at golf
Sun Oct 6, 2019, 06:03 PM
Oct 2019

Sports Illustrated's writer Rick Reilly has a recent book titled "Commander-In-Cheat" in which he details the many examples of Trump's violations of the Rules of Golf.

Suffice it to say that Trump is revealed as the cheater that we've seen in every other instance of his life.

Initech

(100,079 posts)
9. Cheats on golf, cheats on his taxes, cheats on his wives...
Sun Oct 6, 2019, 07:01 PM
Oct 2019

Is there anything that he doesn't cheat at?

FakeNoose

(32,639 posts)
4. They're allowed to funnel profits from other businesses into the ones that are losing money
Sun Oct 6, 2019, 05:15 PM
Oct 2019

Over several years, it's not a good business practice to do that, but when was Chump ever a good businessman?


lindysalsagal

(20,692 posts)
6. It's how you launder filthy money: Pour the filth in, give up on some of the profits,
Sun Oct 6, 2019, 05:35 PM
Oct 2019

sell it for what you can, and voila! Someone with clean, verified money has reloaded your bank account. Then, claim the loss and save on your taxes.

Wake up, people This is the real con. the staged crap with hoodlum monarchists is the distraction.

Latest Discussions»General Discussion»Balmedie golf resort make...