Basically, this is a common practice in real estate, to set up each and every building you own as its own separate business (in the form of an LLC), for both tax and liability purposes. They're not "dissolving the Trump Group", and they can't even touch the non NYC buildings he owns.
The only thing they CAN do is force him to create new LLCs outside of NYC and NY to now own and operate the properties, which is basically what they're doing. Essentially, the only thing they've successfully done is lose business tax revenue, since there's a 99% chance that Trump will just set up a few LLCs that are owned by independent Trusts in Florida (of more smartly, South Dakota, Delaware, or Nevada), and then everything is settled.
Well the "judge" ordered the properties custody be turned over to three independent entities, so if he tried to turn them over to a different LLC in say, Chicago (Since he owns quite a few buildings in Chicago), they they'd probably either throw a fit, or just have the Chicago DA do the same thing.
Hence it'd be a safer and more convenient path to just make new LLCS held by trusts in the most Trust/LLC friendly states (which are the ones I listed, sans Tennessee, which I forgot about).
And? That has no bearing to anything I said. By transferring the disputed assets to legally independent entities in red states, and red districts, you basically set up a giant wall between yourself, and the corrupt DAs who keep doing crap like this.
All the Monitor does is keep track of all the internal financials. What I'm suggesting has no bearing on that, all it does is take the assets out of the legal jurisdiction of the soros puppets.
Not exactly, they just ordered the dissolution of the LLCs in NY.
https://abc7ny.com/donald-trump-news-today-president/13831659/#:~:text=The%20judge%20immediately%20canceled%20all%20of%20the%20defendants%27%20business%20certificates%20in%20New%20York%2C%20and%20ordered%20that%20they%20must%20recommend%20no%20more%20than%20three%20potential%20independent%20receivers%20to%20manage%20the%20dissolution%20of%20the%20canceled%20LLCs%20within%2010%20days.
Basically, this is a common practice in real estate, to set up each and every building you own as its own separate business (in the form of an LLC), for both tax and liability purposes. They're not "dissolving the Trump Group", and they can't even touch the non NYC buildings he owns.
The only thing they CAN do is force him to create new LLCs outside of NYC and NY to now own and operate the properties, which is basically what they're doing. Essentially, the only thing they've successfully done is lose business tax revenue, since there's a 99% chance that Trump will just set up a few LLCs that are owned by independent Trusts in Florida (of more smartly, South Dakota, Delaware, or Nevada), and then everything is settled.
I'm sure he's incorporated in many states. Now they can lose revenue. 🤷♀️ it's a nose in spite of your face socialist dumbass kinda thing...💥💥
Well the "judge" ordered the properties custody be turned over to three independent entities, so if he tried to turn them over to a different LLC in say, Chicago (Since he owns quite a few buildings in Chicago), they they'd probably either throw a fit, or just have the Chicago DA do the same thing.
Hence it'd be a safer and more convenient path to just make new LLCS held by trusts in the most Trust/LLC friendly states (which are the ones I listed, sans Tennessee, which I forgot about).
The Trump Organization is currently under an independent financial monitor since last year.
And? That has no bearing to anything I said. By transferring the disputed assets to legally independent entities in red states, and red districts, you basically set up a giant wall between yourself, and the corrupt DAs who keep doing crap like this.
All the Monitor does is keep track of all the internal financials. What I'm suggesting has no bearing on that, all it does is take the assets out of the legal jurisdiction of the soros puppets.