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I'm going to focus on just one example from this report.

Seven Springs is a very large properly that he purchased, and claims and reports as an investment property. This allows deductions of all loan interest, upkeep/maintenance, and operating expenses.

Based on family statements in the past, the property is used primarily as a personal residence.

Reporting a personal property as an investment property in order to deduct expenses is not "tax avoidance", it is tax fraud.




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