Trump's Bronx golf course lost $122,000 last year and blamed New York City

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The company's explanation for the loss, despite the sweetheart deal: A faulty gas pipe installed by the city that delayed a construction project.

Trump Ferry Point, the Bronx golf course operated by President Donald Trump's company, lost more than $122,000 in the past year, a financial statement shows.

Eric Trump, third from left, and Donald Trump Jr., second from right, talk with guests at the opening of the Trump Golf Links clubhouse, Monday, June 11, 2018, in the Bronx, New York.Trump Ferry Point, the Bronx golf course operated by President Donald Trump's company, lost more than $122,000 in the past year, a financial statement shows.and later obtained by CNBC.

The report's expenses "were incurred in anticipation of the June 2018 opening of the new Clubhouse," a note in the financial statement says. "Since the Clubhouse opening was delayed until 2019 due to the inadequate gas pipe installed by the City, Licensee was not afforded the opportunity to derive the projected Clubhouse revenue during this period."

Source: News Formal (newsformal.com)

 

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Amazing he'll write it off on taxes and never has to show his taxes I'm owed $3,700 from 2014 but a three-year rule I can't have it but if I owe them from 2014 they get it whatever means very criminal. person in the front office doesn't have to show his losses. Irs criminals.

NY kind of sucks the life out of you.

That number is as accurate as what he writes on his golf scorecard 🤔

How about cash flow, sans manufactured tax losses.

Smart business move and easy to see they’re correct.

Obama'$ Gitmo S⚽ccer🌴🐪🐫 FIELD Co$t:$700.000‼🙏😉

Some hard hitting shit right there cnbc online (aka: the illegitimate digital network, loosely associated with the linear CNBC, tightly associated with NBC, created to shit on the heads of the educated, wealthy, investor community who enjoys watching POTUS kick MSM ASS daily🇺🇸

IsabelSoisson What isn't clear from this article is whether or not there was any clubhouse open for the reported period.

Almost reminds me of your viewership and ratings

Probably a bogus loss to avoid taxes.

Hey realDonaldTrump, tired of losing so much?

Guess he’ll start flying there every two days to play to drum up business

half the things that he has anywhere in the world. They are not as honest as when the president former president United States Eisenhower or any of the Kennedys or anybody of the politics. Even an aircraft designer and builder who was brought to Congress on trial.

Of course.. it’s never trump’s fault 😡

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