being anentertainer doesnt shield you from everything
he doesnt. right wing media will not care. people supporting trump still love him or love him because he is criticized.
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Michael Cohen case shines light on Sean Hannity's property empire
- Thread starter Shard Shinjuku
- Start date
he already sorta did this when he was interviewed by Ted Koppel. He definitely catagorized himself as an opinion show not a journalist. However those opinions are most definitely his.
For legitimate real estate investors out there...why would someone need to create a bunch of shell companies to hide behind when you buy and sell sell hundreds of property?
Why not buy them as yourself?
Why not buy them all under a pseudonym?
Why not buy them under one shell company?
Why not buy them as yourself?
Why not buy them all under a pseudonym?
Why not buy them under one shell company?
If you have lots and lots of different companies that are generally hard to find connections between, it makes this kind of thing difficult to notice as opposed to all those transactions being linked to one name (personal, business, pseudonym, or otherwise)
I read some stuff on that Russian journalist who was killed a few years ago that jump started a lot of this shit and IIRC he had discovered the same kind of thing with Russian oligarchs and US business leaders in terms of (I think) oil deals. They had numerous international corporations that all had/have vague ties to this one company that nobody was able to find the owners of.
I like how he self incriminated himself by saying he "only" got advice on real estate from cohen.
Bernie is gonna wreck shop so hard in 2020 against trump.
Bernie is gonna wreck shop so hard in 2020 against trump.
What would be a reason why you wouldn't want people to know you funnel $100 million in the buying and selling of a bunch of properties?
Simple embarrassment of seeming rich?
Assuming this is all it was and there isn't some other weird shit attached to it (I honestly don't know and am not saying that to imply I think it's more than that), I've seen a bit of talk on here about Hannity using his show to criticize the very policies that he is taking advantage of through doing this. So it's at the very least a dishonesty/journalistic integrity thing.
THIS! Great post. My theory? Spread out the dirt so people don't see a big pile, only isolated patches
There is no legitimate reason. You do this to hide things.
Non-crooks don't use shell companies to buy property.
870 homes for $10 of legal work.
That's roughly 62 seconds for an average lawyer. 870 homes in 62 seconds. Pretty efficient work from Cohen tbh.
That's roughly 62 seconds for an average lawyer. 870 homes in 62 seconds. Pretty efficient work from Cohen tbh.
Well, actually it would make sense to temporarily use them when buying several related properties for a development project and not wanting anyone to find out and raise prices before you are done. Obviously that's not the case here.
We just found out about it. Maybe give it some time before saying it's all above water.
Oh, it's the "You're all jealous" response. What a class act this guy is.
Yay, another rich person complaining that poor people don't invest money they don't have.
Well, ideally you would buy them as a bunch of LLCs. The reason you use multiple LLCs is to limit your potential damages from lawsuits. You definitely don't want to buy them as yourself if you're going to make a business of it. Eventually you'll get sued for something.
But using just straight shell companies looks shady, even if no shady intent was there.
1. Claims to be a patriot of the USA and 'loves his country'
2. Sets up secret shell companies for his businesses in the USA
3. Creates huge property empire and pays minimal if any tax to the USA
4. USA undermined and public services suffer as a consequence of the shortfall.
5. No repercussions whatsoever, millions of Americans don't care / believe he is smart for doing this.
The USA is baffling country. These so called patriots evade paying legitimate taxes and don't give a shit about the consequences. Whats worse is that there are tens of million of Americans from poor families with big US flags outside their doors, and 'I love my country' bumper stickers on their cars and they are not only indifferent, but are inspired by such behaviour.
Is it just me that gets a bit of pride knowing that my taxes are contributing to the betterment of society? That I am contributing to the roads, hospitals and schools- It makes me feel like a stakeholder in my country.
You see Americans standing up and singing the national anthem, with US flags everywhere and shouting 'U.S.A! U.S.A!' but most of them aren't patriotic, not really. They don't care about their community or society improving, they don't care about kids in school having the necessary material to get an education, they don't care about someone getting the proper medical attention they need.
2. Sets up secret shell companies for his businesses in the USA
3. Creates huge property empire and pays minimal if any tax to the USA
4. USA undermined and public services suffer as a consequence of the shortfall.
5. No repercussions whatsoever, millions of Americans don't care / believe he is smart for doing this.
The USA is baffling country. These so called patriots evade paying legitimate taxes and don't give a shit about the consequences. Whats worse is that there are tens of million of Americans from poor families with big US flags outside their doors, and 'I love my country' bumper stickers on their cars and they are not only indifferent, but are inspired by such behaviour.
Is it just me that gets a bit of pride knowing that my taxes are contributing to the betterment of society? That I am contributing to the roads, hospitals and schools- It makes me feel like a stakeholder in my country.
You see Americans standing up and singing the national anthem, with US flags everywhere and shouting 'U.S.A! U.S.A!' but most of them aren't patriotic, not really. They don't care about their community or society improving, they don't care about kids in school having the necessary material to get an education, they don't care about someone getting the proper medical attention they need.
One other possible legitimate reason- his name carries a negative connotation in some parts of the US and with some people. They might avoid his stuff, or communities might try to keep him out if his name was on something.
Was going to post this. I create new LLCs every time my company buys a new property or enters into a lease. Sometimes for joint ventures too. Better to segregate the liability and create more hoops for potential creditors. It's a fairly common practice. It's also all consolidated on the tax return, so nothing shady about it. I've probably created over 50+ companies at my current job. CT Corp loves me.
Yeah having several she'll companies is odd because when you purchase property you can stay anonymous. Depending on how these she'll companies are on paper it kgbt be to avoid certain taxes or because the money he is using isn't actually his. He's def up to something I mean any other day it's normal business but Cohen is the big red flag wich means he's gonna be under scrutiny for being in the same orbit.
you do it for liability reasons and each property is a separate company.
Not sure if it applies to this situation but I was talking to someone who owns a couple places and rents them out and he has a company per place. It's named after him and then the street the house is on. He said it's something everyone does in case you get someone who wants to sue you. They'd have to sue the company instead which protects any property that shell company doesn't own. This is in Washington State.
While this newest revelation about Hannity is interesting, I do believe he is honestly too smart to have done anything truly illegal. He's a hypocritical unmoral shitbag who I'm sure has used legal loopholes to his great benefit while simultaneously criticizing said loopholes, but I'm betting he's stayed within the limits of the law very carefully and just barely.
I doubt anything other than negative press and embarrassment will come of this for him. Unfortunately.
I doubt anything other than negative press and embarrassment will come of this for him. Unfortunately.
The nice thing about this getting some attention is that maybe we can talk about the fact that landlords are increasingly not working class people who save up and buy a building to help stabilize their retirement income, but massive corporate initiatives that tie down swathes of housing throughout the country.
If he was someone not planning on breaking the law, he wouldn't have been in constant contact with Julian Assange on twitter.
My hunch is that, when all of the dirt gets exposed (and it will), he probably just had Cohen advise him on which property laws could be abused in order to take advantage of them, most likely state laws.
If we are super lucky, Cohen might have pointed him to some real estate with Russian ties and unknowingly entangled Hannity in some of Trump's money laundering shit. I really doubt Hannity would do anything illegal willingly though, I just get the impression he's too smart to go down that road. He knows full well the crap he says is outrageous and false, just like the other conservative mouthpieces do. He's just one of the smarter ones doing it, playing the part to the hilt while taking advantage of his position behind the scenes, even abusing the very things he crusades against.
I of course could be very wrong though! :)
I think you're making the mistake of taking him at his word that he consulted Cohen purely on real estate, when Cohen seems to have other skills that are in demand.
He's such a piece of shit. Would love nothing more for him to somehow get caught up in all of this mess and lose everything.
YA DONT SAY
The guy known as 'The Fixer' was in business with someone up to no good?!!!??!
The guy known as 'The Fixer' was in business with someone up to no good?!!!??!
nice try lol k thnx bye
Yeah, somethings up. Hope there is lots of car chases coming up.
https://www.theguardian.com/media/2...eclosures?CMP=Share_AndroidApp_Post_on_Reddit
He just happened to stumble onto cheap property from a crook, right. I hate it when that happens.
https://www.theguardian.com/media/2...eclosures?CMP=Share_AndroidApp_Post_on_Reddit
He just happened to stumble onto cheap property from a crook, right. I hate it when that happens.
These guys in a nutshell, "I was banned from ResetERA FOR TELLING THE TRUTH!!" something something, liberal hive mind etc.
Also a bit more on the HUD hookup:
The Guardian: Sean Hannity: 400% rise in eviction orders since host bought Georgia apartment complex
Hampton Place is one of two apartment complexes in Georgia that Hannity bought in 2014 for $22.7m. The purchases were partly funded with $17.9m in mortgages guaranteed by the US Department of Housing and Urban Development. Apartments at the site are currently advertised for rent from $860 a month.
The court records suggest the rate of eviction orders at Hampton Place has increased by more than 400% under Hannity's ownership. Landlords can obtain the orders from a magistrate judge when a tenant taken to court for unpaid rent fails to respond or pay within seven days. The orders empower local sheriff's deputies to forcibly remove tenants and their property.
The court records suggest the rate of eviction orders at Hampton Place has increased by more than 400% under Hannity's ownership. Landlords can obtain the orders from a magistrate judge when a tenant taken to court for unpaid rent fails to respond or pay within seven days. The orders empower local sheriff's deputies to forcibly remove tenants and their property.
