From what I understood, Trump did a lot of stuff as a sole proprietor with a ton of single member LLCs. Lots of those get reported in your personal income taxes, so there are likely a lot of business things mixed in. ( I could be wrong on this )
This is how most real estate businesses are set up. The propety holding company is an S-corp LLC and the operating company is the financially complicated entity (because it has a lot of employees, short term debt to pay bills for the NNN leases they operate for the holdco, etc.).
It's not the Trump Corp. taxes, though. It's his personal taxes. Important distinction.
From what I understood, Trump did a lot of stuff as a sole proprietor with a ton of single member LLCs. Lots of those get reported in your personal income taxes, so there are likely a lot of business things mixed in. ( I could be wrong on this )
This is how most real estate businesses are set up. The propety holding company is an S-corp LLC and the operating company is the financially complicated entity (because it has a lot of employees, short term debt to pay bills for the NNN leases they operate for the holdco, etc.).