• ripcord@kbin.social
    link
    fedilink
    arrow-up
    28
    ·
    11 months ago

    He supposedly had 12 proberties in NYC alone. How that could be worth less than $10M, not including supposedly his properties in TX, OH, and others, I don’t get. Plus whatever he’s squirrelled away, probably offshore.

    • Stupidmanager@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      1
      ·
      11 months ago

      Texas has a homestead law there, so he might not lose at least 1 of them. All depends on how he owns it (outright vs trusts or whatever). New York should force him to sell all but his primary residence as they have a similar homestead law. This should be a fun show, i’ve invested in popcorn.

      Really, what we all hope is that He’s treated like Alex and he can’t write off the 148mil in bankruptcy.