Wednesday 24 June 2020

Trump could face massive tax bill with proposed sale of office towers

If President Trump’s company were to sell its stake in a pair of big-ticket office towers, it could face a large, and politically fraught tax bill. The Trump Organization is considering selling its minority stake in a pair of office buildings in 1290 Sixth Avenue in Manhattan and 555 California Street in San Francisco, Bloomberg reported Tuesday. The West Coast building could trade for more than $2 billion, sources familiar with the offering told the



source https://therealdeal.com/2020/06/24/trump-could-face-massive-tax-bill-with-proposed-sale-of-office-towers/

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