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Anybody have a guess on how many Fortune 500 company apartments are out there? Thousands maybe? Should we expect mass indictments? Or just the one?
1 posted on 08/09/2021 10:00:36 PM PDT by blueplum
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To: blueplum

That’s not illegal


2 posted on 08/09/2021 10:03:33 PM PDT by Skywise
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To: blueplum

How many kids are living at home tax free?


3 posted on 08/09/2021 10:04:07 PM PDT by Lurkina.n.Learnin (The veil of civilization is only 9 meals thick. )
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To: blueplum

Jeez… if I have somebody live in a house “rent free” it’s to have them be there so squatters don’t invade. I’ve done that before and considered the people “watching” to be doing me a favor. These prosecutors are stretching the hell out of this.


4 posted on 08/09/2021 10:04:35 PM PDT by House Atreides
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To: blueplum

Paying rent is unAmerican says Talib.


5 posted on 08/09/2021 10:05:30 PM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: blueplum

When LEFTISTS are given positions of power (such as when conservatives sit out elections between RINOs and Democrats to ‘teach the GOP a lesson’, for example)...they then can ALWAYS find a crime, once they find a person they want to jail. Better solution, even if it involves holding one’s nose, is to NOT permit Leftists to have that kind of power over us in the first place.


6 posted on 08/09/2021 10:08:43 PM PDT by BobL (I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
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To: blueplum

There is evidence of Democrat Party collusion with the Communist Party of China, and this is what they come up with against Trump? After all this madness, they are pursuing this? So, now what? Are we supposed to laugh? This is crap, nothing more.


7 posted on 08/09/2021 10:11:22 PM PDT by Richard Axtell (As if.)
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To: blueplum

How can he pay taxes on rent he didn’t pay?


9 posted on 08/09/2021 10:14:27 PM PDT by \/\/ayne (I regret that I have but one subscription cancellation notice to give to my local newspaper)
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To: blueplum

On my property, I can let anybody stay for as long as I choose at no cost to them.


10 posted on 08/09/2021 10:14:33 PM PDT by Jonty30 (My superpower is setting people up for failure, without meaning to. )
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To: blueplum

15,000 annual gift free of taxes how much was the rent?


11 posted on 08/09/2021 10:16:56 PM PDT by rolling_stone
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To: blueplum

HAHAHAHAHAHAHAHA!!!! This is the kind of nonsense they have? Hilarious.


12 posted on 08/09/2021 10:18:10 PM PDT by montag813
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To: blueplum
If the rent came to $15,000 or less, it is an un-reportable gift under federal law.

New York state most likely has gift tax, too, but how much, and under what rules, I do not know.

14 posted on 08/09/2021 10:24:39 PM PDT by zeestephen
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To: blueplum

I have evidence that the NY persecutors are retarded.

So there...


15 posted on 08/09/2021 10:26:03 PM PDT by Paladin2 (Critical Marx Theory is The SOLUTION....)
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To: All

Well Trump is in big trouble now.

Because he ‘lives in the heads of tens of millions rent free’.


19 posted on 08/09/2021 10:56:32 PM PDT by LegendHasIt
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To: blueplum
So are they going to go after couch surfers among the under 30 year olds in NYC next?

How about live-in girlfriends who don't pay rent?

Is this really serious stuff?

20 posted on 08/09/2021 11:11:48 PM PDT by Robert357
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To: blueplum
Meanwhile, back in 2009, nothing ever happened to Rahm Emanuel for living in Rosa DeLauro's basement rent-free for five years. The house was not zoned as a rental property either. His disclosure forms never recorded his lodgings as a gift.

Emanuel lodging stirs up debate

21 posted on 08/09/2021 11:12:46 PM PDT by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
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To: blueplum
"Allen Weisselberg's son also avoided taxes by living rent-free"

Tax avoidance is not illegal. Tax evasion is.

26 posted on 08/10/2021 2:31:16 AM PDT by mikey_hates_everything
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To: blueplum

I’m trying to figure out what is illegal? It appears they’re making it up. If he didn’t pay a dime....so what.


27 posted on 08/10/2021 2:33:21 AM PDT by Sacajaweau
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To: blueplum

The us military houses every single member and none of it is reported as income


30 posted on 08/10/2021 2:41:06 AM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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To: blueplum

I have a tenant living rent free. Millions of tenants are living rent free right now.


31 posted on 08/10/2021 3:45:47 AM PDT by outpostinmass2 (Y)
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To: blueplum

There is a difference between a company owning an apartment that is used by employees (note the plural) temporarily (note temporarily) when traveling (note traveling) from one corporate location to another and providing a company owned apartment rent free as a residence to a specific employee, either as a primary or secondary residence in lieu of paying wages.

The former is typically excludable from the employees’ income while that latter, with a few very specific exceptions, is a taxable fringe benefit in which the fair market value of rent must be added to the employee’s W2 income with all applicable taxes (federal, state and local) withheld and is also subject to the employers share of Social Security and Medicare tax.

https://www.thebalancesmb.com/when-is-employee-housing-taxable-to-the-employee-4158182

Go to 17 - Lodging on Your Business Premises.

https://www.irs.gov/pub/irs-pdf/p15b.pdf


34 posted on 08/10/2021 6:36:31 AM PDT by MD Expat in PA (No. I am not a doctor nor have I ever played one on TV. The MD in my screen name stands for Maryland)
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