Posted on 07/01/2021 4:41:05 PM PDT by Mr. Mojo
Former Democratic Georgia gubernatorial candidate Stacey Abrams now owns two homes in Georgia collectively worth $1.4 million despite having been hundreds of thousands of dollars in debt before her unsuccessful run against Gov. Brian Kemp.
The former candidate was catapulted into the national spotlight during her slugfest 2018 run against Kemp that saw her claim victory for months after the fact.
Since her electoral failure, though, Abrams has made a series of property purchases in DeKalb County that have been scrubbed from the county tax assessor’s website, according to records obtained by Fox News.
Most county tax assessors in the state of Georgia, such as in Abrams' DeKalb County, have a searchable database for property information, but individuals can request to have their information taken offline.
The former state lawmaker bought her first townhome in DeKalb County for $246,300 in 2004 and purchased a second home in the area in 2019 for $370,000 that is now valued at $409,400.
Fast-forward to October 2020, just days before the presidential election. Abrams simultaneously sold the home she bought in 2004 for $400,000 and bought a new second home for $975,000.
The home Abrams purchased in October of last year is now valued at $1,003,934.
The two houses are worth a combined $1.4 million, illustrating that Abrams has seen a significant financial tailwind since her failed 2018 campaign.
According to her 2017 financial disclosure forms for her campaign, Abrams had a net worth of just under $110,000 with just above $410,000 in total liabilities. She also had an IRS debt of $54,000 that she settled in 2019.
Abrams addressed her debt during her 2018 campaign, writing an opinion piece in Fortune on the subject and telling CNBC that "[o]nce you dig a hole, you're always trying to dig out."
(Excerpt) Read more at foxnews.com ...
“that have been scrubbed from the county tax assessor’s website, “
Black privilege.
Selena Montgomery writes Mommy Porn on the side. Maybe that’s where she gets her money.
What is her mortgage debt on these properties?
What home builder would want to confine Miss Stacy to one home?
It would take two properties to house that ghettopotamus.
Can you say Grifter
Audit her.
Crime PAYS for Democrats, RINOs, and especially the FIB
Everyone else must resort to a trust to hide ownership of property.
Part of the Walton families, the Staubach enterprises and other wealthy family just buy it in the name of a shell corporation. Which happens all the time to raw land around the DFW area.
So, Ms Stacy is too cheap to hire a lawyer to set up a trust to hide her millions?
Each next door to an all-you-can-eat Golden Corral.
It could very well be that the Golden Corral is paying her $2000 a month NOT to eat at their restaurants. They’re making a fortune by having her not eat there.
Other all you can eat buffets are doing the same.
BTW, according to wiki, Ms. Abrams is a tax lawyer on the side ...
So is she just too lazy to create her own trust?
Lori Lightfoot, Mayor of Chicago said today she knows she and any black is already starting out behind with the white prejudice against her and she “knew that” as she took office, and now everybody is falsely claiming Chicago is violent and dangerous.
We have to learn from that and not treat that poor Stacey Abrams the same way. Compassion. Equity. Equal Housing.
Be happy the poor woman has a roof over head and enough food to eat. Guess that last one has been covered. Well covered.
Does she work ?
Pay-to-play sure does pay!
Like the one about a doctor treating himself, if Stacey did her own taxes and trusts, would she have a fool for a client?
Not much demand for affirmative-action ambulance chasers.
When she sits around the house, she REALLY sits around the house.
Our billionaire overlords are pleased with her work.
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