If you're a full-time manager of your own property - and full-time, according to Congress, is 15 hours a week - you can take unlimited depreciation and use it to offset your income from other areas and pay little in tax. One of the biggest real estate tax lawyers in New York said to me, if you're a major real estate family and you're paying income taxes, you should sue your tax lawyer for malpractice.
Hillary ClintonWe used to say in the White House that if a place is too dangerous, too small or too poor, send the First Lady.
Hillary ClintonI started off as a young lawyer working against discrimination against African-American children in schools and in the criminal justice system. I worked to make sure that kids with disabilities could get a public education, something that I care very much about. I have worked with Latinos - one of my first jobs in politics was down in south Texas registering Latino citizens to be able to vote. So I have a deep devotion to making sure that an every American feels like he or she has a place in our country.
Hillary ClintonDonald Trump said that every undocumented person would be subject to deportation. Now, here's what that means. It means you would have to have a massive law enforcement presence, where law enforcement officers would be going school to school, home to home, business to business, rounding up people who are undocumented. And we would then have to put them on trains, on buses to get them out of America.
Hillary ClintonWhile Donald Trump was busy with his accountants trying to figure out how to keep living like a billionaire, and all the while he was using his political connections to collect hundreds of millions of dollars in government subsidies and extra tax breaks for his companies. In other words, Trump was taking from America with both hands, and leaving the rest of us with the bill.
Hillary ClintonCongress has all sorts of rules, hedge fund managers, private equity managers, executives, movie stars, fall into that allow them to escape or defer into the future not paying their taxes. And if you can defer your tax into the future, it's the best deal in the world, because you don't just get to eat your cake and have it too. You get to eat your cake and have a bigger cake.
Hillary Clinton