Department of Justice opens criminal investigation into NY AG Letitia James

[TimHauck 3,222]

1 hour ago, jonnyutah said:

The one year term was breached according to the indictment, as it stated she has declared zero personal days of use for tax purposes. 

It does prohibit long term rental, as you cant have a long term rental that is primarily for personal use. 

 

The indictment does not say she declared zero personal use days in total, in fact it says she filed tax “form(s)” that said that, implying that it’s possible it was only one year that she declared that. Watch out for that careful wording, you know that.  It’s technically possible she did, but nothing is clear from this indictment.

Looks like long-term rentals are typically defined as 30 days or more, so yes it is absolutely possible for it to be a long term rental and still have been primarily for personal use (which again was only even a requirement for the first year).

Better quit while you’re behind.

[Ron_Artest 2,030]

12 hours ago, nobody said:

So you don't think she lied on a loan application to game the terms I take it?

This focking guy.

See @Ray_T this is the difference between the US/Canada and Russia.  In Russia they do this kind of corrupt sh1t.  Americans understand that but these Russians think this is fine.

[Ron_Artest 2,030]

11 hours ago, Tree of Knowledge said:

No One is Above The Law.  
 

 

Then why is the DOJ only going after Trump's enemies?

[Ron_Artest 2,030]

3 hours ago, Frozenbeernuts said:

the party that wants to protect pedos

Release the Epstein files

[TimHauck 3,222]

5 minutes ago, Ron_Artest said:

Then why is the DOJ only going after Trump's enemies?

And the WH held a meeting with a bunch of x sh1tposters because one of them assaulted a woman and stole someone else’s flag.

[Ron_Artest 2,030]

Geek club: muh lawfare.  We need to restore integrity to the DOJ.

Also geek club: more lawfare please!  Payback is a bish.

[Kopy 582]

12 hours ago, Voltaire said:

If ever a human existed on earth that deserved to have a lawfare case filed against them, it is the lawfare queen, Letitia James.

I believe she once said. The law is the law. No one is above the law.

 

God, life's good.

[Fnord 2,453]

3 hours ago, Frozenbeernuts said:

I look forward to the day when all of this plays out, and your world is shattered because you listen to the wrong people. The universe tried to warn you with the election results. Your identity as a liberal was put into serious question, so you doubled down on the party that wants to protect pedos and trannys.

Guy who want to "raise the vibrations of the earth" looking forward to other people's worlds being "shattered."

Perfect MAGA, total fraud. Practice what you preach, boss. 

[Tree of Knowledge 2,066]

37 minutes ago, Ron_Artest said:

Then why is the DOJ only going after Trump's enemies?

She is a threat to the democracy.  Her lawfare was targeted at a Presidential candidate.  When you come for the king, you better not miss.  I hope she gets every second of those 30 years in jail.   

[TimHauck 3,222]

18 minutes ago, Tree of Knowledge said:

She is a threat to the democracy.  Her lawfare was targeted at a Presidential candidate.  When you come for the king, you better not miss.

She didn’t miss though. She won, remember?  Even the recent appeal did not overturn the verdict.

[Tree of Knowledge 2,066]

1 minute ago, TimHauck said:

She didn’t miss though. She won, remember?  Even the recent appeal did not overturn the verdict.

Who is President?

[TimHauck 3,222]

14 minutes ago, Tree of Knowledge said:

Who is President?

Your daddy 

[Tree of Knowledge 2,066]

7 minutes ago, TimHauck said:

Your daddy 

OUR daddy.  

[SaintsInDome2006 551]

Halligan appears to think Brooklyn is in New Jersey.

[Ron_Artest 2,030]

1 minute ago, SaintsInDome2006 said:

Halligan appears to think Brooklyn is in New Jersey.

She's the perfect stooge for Trump.  An incompetent insurance lawyer pretending to be a federal prosecutor to get revenge on Trump's enemies when real lawyers refuse.

[edjr 6,813]

 

 

[edjr 6,813]

Quote

Roses are red. Violets are blue. President Trump didn't go to prison. But you're about to.

   

[The Real timschochet 7,264]

6 hours ago, Frozenbeernuts said:

I look forward to the day when all of this plays out, and your world is shattered because you listen to the wrong people. The universe tried to warn you with the election results. Your identity as a liberal was put into serious question, so you doubled down on the party that wants to protect pedos and trannys.

Good. I have made a prediction about how this will play out and now you have too. We are both on record. Let’s revisit these predictions in a few months, shall we? 

[HellToupee 2,102]

1 hour ago, Tree of Knowledge said:

OUR daddy.  

We support  Father Trump while they support Peekaboo . A choice between good & evil. They have no idea what’s coming 

[Ron_Artest 2,030]

2 minutes ago, HellToupee said:

We support  Father Trump while they support Peekaboo .

You're calling a grown man Father and a black person a racial slur.  You're a deeply broken POS garbage person.

[SaintsInDome2006 551]

3 minutes ago, HellToupee said:

while they support Peekaboo .

He did have a good game last night. Giants really got something there.

[Strike 5,926]

13 minutes ago, The Real timschochet said:

Good. I have made a prediction about how this will play out and now you have too. We are both on record. Let’s revisit these predictions in a few months, shall we? 

Because you have such a good track record on predictions.   President Hitlery sends her regards!!!

[HellToupee 2,102]

5 minutes ago, Ron_Artest said:

and a black person a racial slur.

Get out with this bs. You and your buttboy keep race hustling

[SaintsInDome2006 551]

For those of us with property, can someone explain the issue? If I take a loan to buy a vacation home in Florida, I can’t rent it out? Or if I take out a loan for a rental property in the French Quarter, I can’t occasionally stay there? What’s the actual prohibition here? TIA.

[jonnyutah 509]

3 hours ago, TimHauck said:

The indictment does not say she declared zero personal use days in total, in fact it says she filed tax “form(s)” that said that, implying that it’s possible it was only one year that she declared that. Watch out for that careful wording, you know that.  It’s technically possible she did, but nothing is clear from this indictment.

Looks like long-term rentals are typically defined as 30 days or more, so yes it is absolutely possible for it to be a long term rental and still have been primarily for personal use (which again was only even a requirement for the first year).

Better quit while you’re behind.

Fannie mae generally regards long term rentals as 12 months. 

[supermike80 2,056]

2 minutes ago, SaintsInDome2006 said:

For those of us with property, can someone explain the issue? If I take a loan to buy a vacation home in Florida, I can’t rent it out? Or if I take out a loan for a rental property in the French Quarter, I can’t occasionally stay there? What’s the actual prohibition here? TIA.

I *THINK* the thing is, you can't buy two houses and list them as both your primary residences.  Mortgage lenders tend to apply higher rates to second homes, because the default rates are higher.   Therefore, identifying a vacation home as a primary residence can be fraud to lower your mortgage rate--even if you rent it out, you still cannot call it a "primary" residence.

Doesn't matter what you do with it.  

I'm sure it's probably 10000X more complicated than that simple summary.  but that's all I know

[jonnyutah 509]

9 hours ago, The Real timschochet said:

So funny. You really really want her to be guilty of a crime so that you can defend your idiot hero President. 

Sorry there is no crime here. Either this will be laughed out of court or she will be acquitted after a sham trial just like Comey. Either way the only result is that she is about to become a very wealthy woman at our expense. Congrats? 

Hahahahaha. Tim the lying fake jew weighs in. 

Tell us tim the lying fake jew, what did you hear on talk radio today? I mean what are you going to lie and say you heard on talk radio today?

[SaintsInDome2006 551]

4 minutes ago, supermike80 said:

I *THINK* the thing is, you can't buy two houses and list them as both your primary residences.  Mortgage lenders tend to apply higher rates to second homes, because the default rates are higher.   Therefore, identifying a vacation home as a primary residence can be fraud to lower your mortgage rate--even if you rent it out, you still cannot call it a "primary" residence.

Doesn't matter what you do with it.  

I'm sure it's probably 10000X more complicated than that simple summary.  but that's all I know

Thanks. I thought that that was what this was going to be about but the indictment doesn’t mention anything about a primary residence. It describes a property James identified as a secondary residence, but maybe I need to look again. Apologies if I’m wrong on that.

[jonnyutah 509]

3 minutes ago, supermike80 said:

I *THINK* the thing is, you can't buy two houses and list them as both your primary residences.  Mortgage lenders tend to apply higher rates to second homes, because the default rates are higher.   Therefore, identifying a vacation home as a primary residence can be fraud to lower your mortgage rate--even if you rent it out, you still cannot call it a "primary" residence.

Doesn't matter what you do with it.  

I'm sure it's probably 10000X more complicated than that simple summary.  but that's all I know

That isnt the issue here. 

The rates are higher on investment properties compared to second homes.

[SaintsInDome2006 551]

Just now, jonnyutah said:

That isnt the issue here. 

The rates are higher on investment properties compared to second homes.

Thank you.

[SaintsInDome2006 551]

So a secondary home is like a vacation home, or like a home to get away outside the city, something like that? And if I buy a house identifying it as such I can’t rent it even if I stay there every so often? 

[supermike80 2,056]

8 minutes ago, SaintsInDome2006 said:

Thanks. I thought that that was what this was going to be about but the indictment doesn’t mention anything about a primary residence. It describes a property James identified as a secondary residence, but maybe I need to look again. Apologies if I’m wrong on that.

I didn't read the indictment either and am not gonna.  I have better things to care about honestly

[supermike80 2,056]

5 minutes ago, SaintsInDome2006 said:

So a secondary home is like a vacation home, or like a home to get away outside the city, something like that? And if I buy a house identifying it as such I can’t rent it even if I stay there every so often? 

a secondary home is any other home outside your primary.  And you can do whatever you want with it.  but you have to identify it as a secondary home when you apply for the mortgage.  If you declare it as a primary, you are guilty of mortgage fraud.

[supermike80 2,056]

11 minutes ago, jonnyutah said:

That isnt the issue here. 

The rates are higher on investment properties compared to second homes.

OK. Like I said, I didn't read the indictment.   I just know that little piece of mortgage fraud

[Ron_Artest 2,030]

32 minutes ago, HellToupee said:

Get out with this bs. You and your buttboy keep race hustling

Why do you call her "peekaboo"?

[TimHauck 3,222]

20 minutes ago, SaintsInDome2006 said:

So a secondary home is like a vacation home, or like a home to get away outside the city, something like that? And if I buy a house identifying it as such I can’t rent it even if I stay there every so often? 

Yes to your first question.

Pretty sure the answer to your second question is you can, but @jonnyutah seems to think you can’t.  But, I believe you do have to at least “use” the property for at least 1 day in the year.

And I’m also pretty sure all of those rules (same with the Lisa Cook thing), at least as it relates to mortgage fraud, only apply to the first year of ownership.

[TimHauck 3,222]

28 minutes ago, jonnyutah said:

Fannie mae generally regards long term rentals as 12 months. 

Link?

[edjr 6,813]

25 minutes ago, SaintsInDome2006 said:

So a secondary home is like a vacation home, or like a home to get away outside the city, something like that? And if I buy a house identifying it as such I can’t rent it even if I stay there every so often? 

She used it to get more optimal loan terms.

Mortgage fraud.  Hmmmm where have I heard that before?

[TimHauck 3,222]

6 minutes ago, edjr said:

She used it to get more optimal loan terms.

Mortgage fraud.  Hmmmm where have I heard that before?

Except we don’t know if she actually used it as she said she would, at least in the first year which is all that matters here

[SaintsInDome2006 551]

11 minutes ago, edjr said:

She used it to get more optimal loan terms.

Mortgage fraud.  Hmmmm where have I heard that before?

I understand,, I’m just trying to get it for my own purposes. So if I buy a vacation property in Florida, but I end up not going for one reason or another (work, life, family, whatever), if I start putting it on AirBNB it’s a crime?