VERIFY: Yes, Trump has never taken a presidential paycheck

There are a number of stockholders in the Trump Organization he is not the sole stock holder. The fact remains the Trump Organization and Trump personally have been losing money since he took office. He isn't getting rich off thd job, just the opposite.

I'm not going to address your other obviously incorrect Rachel Maddow talking points that have repeatedly been debunked.

 

Obama never had hundreds of government staff stay at his hotels.

Trump has made millions

 

You have made two contentions.
1. Trump had hundreds staying at his hotel. Could be true but you never tried to prove it.
2. Occupancy ratios are above 70 percent. This is the minimum level to break even. And you have not submitted proof he has exceeded 70 percent.

See i understand the topic. And you do not.

 

At the moment, it is very unlikely he is making money from the DC hotel. His occupancy ratio is a lousy 50 percent. While his high end prices per room can offset some of those losses, he still has to factor in restoration costs and operating costs in the deal. Normally it takes at least 70 percent occupancy ratio to break even. This is the industry standard. When a property is essentially brand new, a ratio higher than that is needed for it to not go broke. Bear in mind Democrats claim to fame is they claim Trump can't make much income and that he is a lousy businessman.

The hotel business is no way to claim all the money brought in ends up in Trump's bank account. As i stated, that sounds like you believe they earn total profit and have no operating costs.

 

Mar A Lago had you tried to be spreading truth is sold to the investor class as a membership operation. Each of the members manages their own rooms. Trump does obtain annual membership fees and of those fees a good deal of cash is plowed back in as operating expenses. Members in that class will not pay for a place run like a motel. They want top service. They are lavished by service.

Trump did not spend most of 2016 seeking a deal with Russia.

Think in terms of the deal by Amazon to move to New York. They cut and run fast once Democrats took charge.

Want me to repeat it?

I encourage readers to study industry standards for hotels, resorts and membership run large buildings.

Also learn what features the property of the wealthy must offer to other wealthy people to attract them to the owners sites.

Bear in mind this is the same property owner you accuse of going bankrupt.

Did he suddenly come to life now as a wonderful profitable human being?

Why believe me? This is why. I once put a contract on a property to buy it. It had but 70 rentable rooms but during the time i busted my tail studying this business to help me understand it better so my investors could learn what was happening. I Joined the Association for property owners to study as much as possible. I owned some books sold by the association on managing property like this. True my investors and i were in a smaller deal but in the study I studied all class of such residence properties. I attended a good number of lectures and meetings on this topic.

i think I know much more than the people harping over the Trump properties know.

This photo is of the property i was trying to buy.

 

I understand the difference between revenue and profit.

Trump is directing federal taxpayer money to his own businesses. That is revenue. That is corruption, even if the revenue does not result in profits.

 

You made that up.

 

Link?

 

No he did not

 

Here is a very good article about that. (Trump enriching himself through his office):

https://www.cheatsheet.com/money-career/all-the-ways-trump-cashes-in-on-the-u-s-presidency.html/

 

Nope. I don't make things up.

https://www.cheatsheet.com/money-career/all-the-ways-trump-cashes-in-on-the-u-s-presidency.html/

See item 4. Every time Trump goes to a Trump property, the federal government spends money at his property.