TAX CHEAT? Did Joe Biden Fail to Report the $50,000/Month in Rent Hunter Claimed He Paid? Oh my. Don’t the Democrats always screen that everyone should pay their fair share?
You should know that Joe Biden’s Wilmington home “is currently valued at $1,380,800 by real estate website Zillow.com” and has an estimated rental value of about $7,600 per month.
If a son wants to pay his dad too much rent — for any reason — that’s one thing. But if dad doesn’t report those earnings to the IRS, that’s a very different thing. It’s called “being a tax cheat.”
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His son was really hard up at that time, remember? He told the family court judge he couldn't afford any child support for his baby momma stripper because he couldn't even afford a condom to prevent making her pregnant. One of the all-time greatest sob stories in family court history. They probably have that story pinned to the family court lunchroom bulletin board.
So naturally Ol' Joe gave him a break on the rent... only $50,000 a month.