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Rezko attorney 'owns' Obama mansion
WorldNetDaily.com ^ | December 25, 2008 | Jerome R. Corsi

Posted on 12/26/2008 4:39:40 AM PST by Man50D

click here to read article


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To: ninonitti

How does that work if the name is in an someone else’s name, do you still claim the deduction for mortgage interest?


41 posted on 12/26/2008 8:22:03 AM PST by WhyisaTexasgirlinPA (Computer says No..... Carole Beer)
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To: autumnraine

“Too bad WND is the only news agency willing to actually do some investigative reporting.”

Investigative reporting?

Had they done any investigating reporting, they would never have reported the Chinese run/own the Panama Canal. That is a total lie.


42 posted on 12/26/2008 8:27:20 AM PST by GatĂșn(CraigIsaMangoTreeLawyer)
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To: kabar

“I have set up a trust as part of my estate planning and will. However, the trust is in my name. I can’t imagine it being in someone else’s name on the deed.”

You can name a Trust anything you want. Hell, you can name it the !@#$%^&* Trust and its legal as can be. As with so many things, the devil is in the details.


43 posted on 12/26/2008 8:27:56 AM PST by ought-six ( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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To: kabar

“I have set up a trust as part of my estate planning and will. However, the trust is in my name. I can’t imagine it being in someone else’s name on the deed.”

You can name a Trust anything you want. Hell, you can name it the !@#$%^&* Trust and it’s legal as can be. As with so many things, the devil is in the details.


44 posted on 12/26/2008 8:28:14 AM PST by ought-six ( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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To: amigatec
Could this have something to do with why Michelle Obamba had her license to practice law revoked?

This is the first I heard of this. Tell me more.

Here's a link:
http://www.freerepublic.com/focus/f-chat/2154422/posts

45 posted on 12/26/2008 8:49:35 AM PST by Bon mots
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To: org.whodat
Had no idea that an attorney was only allowed one client.

Then you didn't see The Godfather. "I have a special practice. I only have one client" -- Tom, visting the movie mogul who wakes to the horse's head.

46 posted on 12/26/2008 8:57:30 AM PST by Pearls Before Swine (Is /sarc really necessary?)
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To: amigatec

The license was not revoked. See post 26 in this thread:

http://www.freerepublic.com/focus/f-chat/2154422/posts


47 posted on 12/26/2008 9:09:01 AM PST by GreenLanternCorps (Merry Christmas!!!)
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To: Man50D

I take World Net Daily with a huge grain of salt. They are about as reliable as the New York Times...


48 posted on 12/26/2008 9:11:04 AM PST by GreenLanternCorps (Merry Christmas!!!)
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To: WhyisaTexasgirlinPA

How does that work if the name is in an someone else’s name, do you still claim the deduction for mortgage interest?

It’s not in someone else’s name, title remains in the trust.

See this article:
http://money.cnn.com/2004/07/09/real_estate/buying_selling/land_trusts/


49 posted on 12/26/2008 9:48:39 AM PST by ninonitti
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To: ninonitti

Thanks - interesting info.


50 posted on 12/26/2008 10:03:51 AM PST by WhyisaTexasgirlinPA (Computer says No..... Carole Beer)
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To: ought-six

I realize that you can name the trust anything, but why would Obama name it after his lawyer?


51 posted on 12/26/2008 10:13:14 AM PST by kabar
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To: Man50D
Unbelievable. RNC opposition research is so totally inept it is beyond comprehension.

Can you imagine the debate question: "Mr. Obama, who owns your house?" Confronting a BS answer with this would have been devastating.

52 posted on 12/26/2008 12:33:45 PM PST by Carry_Okie (If Barack Obama is Vladamir Lenin, Bill Ayers is Leon Trotsky.)
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To: mmanager
“This will leave a another mark! It is unravelling and I’m afraid it is too late.”

You have too much faith that the ‘system’ is just. We live in an era of corruption that would have been unimaginable even in the time of Tammany. I have seen nothing yet that can/could even singe Obammy, never name burn his butt.

However, HOPE SPRINGS ETERNAL.

53 posted on 12/26/2008 12:42:46 PM PST by dbacks (God help the USA.)
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To: Man50D

bookmark


54 posted on 12/26/2008 12:44:38 PM PST by St. Louis Conservative
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To: Man50D

wow.
I wish someone else would pay the taxes on my house too.

No one helped us make the purchase more affordable either.


55 posted on 12/26/2008 12:46:51 PM PST by Scotswife
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To: autumnraine

Too bad WND is the only news agency willing to actually do some investigative reporting.

I have to agree with you. WND isn’t always wrong, they are persistent and relentless, who else can we count on? MSM, SUREEEEEEEEEEEEEEE when hell freezes over


56 posted on 12/26/2008 1:02:37 PM PST by KellyM37 (Barack Obama's mental illness..........PATHOLOGICAL NARCISSIST... show us the medical records)
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To: reg45

John McCain (his wife actually) owns seven houses.

0bama rents his from Rezko’s lawyer. Rezko’s lawyer will make a fortune selling the house (soon to be a national shrine) to a holding company with the whole deal brokered by Patty Blagojevich.

John McCain got his homes HONESTLY. Cindy inherited money from her father.


57 posted on 12/26/2008 1:05:49 PM PST by KellyM37 (Barack Obama's mental illness..........PATHOLOGICAL NARCISSIST... show us the medical records)
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To: org.whodat
"My attorney was listed as owner of my home too....as trustee of the blind massachusetts nominee trust that held title."

Odd,
As I remember it, the trust owned the house - and the lawyer was trustee: administrator, decision maker, liquidator, NOT owner.

58 posted on 12/26/2008 1:09:15 PM PST by norton
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To: norton
Read carefully and address statement to those that make it!!!

Most often the person writing the trust, IE your attorney, makes himself executor of the trust.

59 posted on 12/26/2008 2:25:10 PM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
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To: Man50D
And yet the #1 Rezko info clearinghouse, Rezkorama.com, went down two weeks ago!
60 posted on 12/26/2008 3:45:49 PM PST by cookcounty ("A ship in harbor is safe, but that's not why the ship is built." ---Governor Sarah Palin)
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