Former President Donald J. Trump used a dubious accounting maneuver to claim improper tax breaks from his troubled Chicago tower, according to an Internal Revenue Service inquiry uncovered by The New York Times and ProPublica
snip...
. Through a combination of cost overruns and the bad luck of opening in the teeth of the Great Recession, it was also a vast money loser. But when Mr. Trump in effect wrote off the same losses twice.
https://www.nytimes.com/2024/05/11/us/trump-taxes-audit-chicago.html
@disk4mat Trump did something shady?! I'm shocked!
@disk4mat The much discussed Capone effect.