He may no longer own many of the buildings, but that's beside the point. He charges large fees to manage the buildings, plus his name is still on many of them. That is Chump's major source of income - the management fees. He's been using 2 sets of books to misrepresent his income to the government and lower his tax liability. Tish James proved in court that it was all fraudulently reported for over 20 years, maybe longer.
Whether he owns the buildings or not, he still owes tax on the income from those contracts. That's how it works. He does still own some of the buildings and he uses those expenses for tax write-offs even though he's not entitled. That's how a lot of the fraud happened. It took NYS so long to catch up that Chump believed he was getting away with it all these years.
Don't forget - he owns properties, companies and manages buildings in several other states including NJ, IL, FL and more.
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