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To: gaijin

Ford’s testimony is full of lies.

Even the dates of that house & 2 front doors problem are way off.

I know when I bought /sold every house I have had. NOT that hard.


49 posted on 09/29/2018 7:50:18 AM PDT by ridesthemiles
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To: ridesthemiles

BTW Tiger Claws - excellent find and thread.

ridethemiles - Regarding the two front doors and house remodel... About 20 years ago, the IRS cracked down on home office and home business deductions. The IRS stated that the space must be defined, separate and used only for the business purpose. While a homeowner may take itemized deductions for mortgage interest and property taxes, all expenses applicable to the square footage percentage of the home used solely for a business is 100% deductible including all utilities, monthly landscaping service, repairs, cleaning lady, remodel, etc., items not normally deductible at all, in addition to every purchase of paper, pencils, computer equipment, mileage to the post office. When you are self-employed, everything you do is for a business purpose. Adding a second entrance enhances the separate business purpose of the space. I suspect that she writes her papers there, and hosts her “colleagues” for (political) professional meetings. For example, if she made $10,000 from writing papers as a consultant, she received a 1099 not a W2 for wages, so she would want to write-off as much as possible as expenses on a Sch C (or an S-Corp) from the “home-based business” reducing that additional income to close to zero to avoid paying taxes on it.

There is no way to prove this, but it is a far more likely reason why she wanted a separate entrance than her inane fabrication about the second door for her big acting debut before the committee.


51 posted on 09/29/2018 9:38:35 AM PDT by guthunde47
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