“Number two would be paying principal and interest repayments on your tax-deductible debt when you also have owner-occupied debt… preserve that, don’t pay it off”
“We’ve been able to appeal the property taxes for over 1,200 Detroit residents… transfer millions of ARPA dollars… secure $6 million from the city of Detroit for compensation.”
Coalition for Property Tax Justice, founded by Professor Bernadette Atuahene and students · Strict Scrutiny · Will SCOTUS Let Big Oil Off the Hook?
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What was described
passed two pieces of legislation, appealed property taxes for >1,200 Detroit residents, transferred millions of ARPA dollars to pay illegal tax debt, secured $6 million compensation from the city
1,200 residents; $6 million; millions of ARPA dollars
Said nearby on the same subject
“You don't necessarily have to use the same value for the bank for stamp duty and for capital gains tax purposes. The bank may value a property at a million dollars, but you might sell it for $900,000.”
“…the third party paid around 20-25 million dollars to Admiral. …The rest of it was used to pay off that inter-group debt… For tax purposes, all that was declared was the 20 million component…”
“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
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