MSNBC The Last Word With Lawrence ODonnell November 5, 2021 02:17:00
Your value of your asset in order to get a bigger loan you possibly can't pay back later. it's consequential when you go to tax authorities and low ball a property so you have to pay fewer taxes on it. it's also consequential if you claim environmental write-offs against a property by inflating the value of the asset in that case. and then it has a whole possible stew of problems with insurers in which he's made claims for losses than are more excessive than the losses he possibly incurred and he possibly pocketed the differences. all of that is in play right now. and i think the other thing s...