In a previous column we covered the tax ramifications of making holiday gifts to clients or other business associates.
Of course, you’re not limited to making gifts to people you do business with. You can also give to family, friends and charity. Gifts to family, friends and other individuals are never tax deductible. Gifts to charity can be deductible — but only if you follow the rules.
Is it his claim of being, not a custom homebuilder, but a "real estate artist"?
Is it his Fabio hair and tight-jeans, rock-star persona — the get-rich-with-real-estate author who travels around the country promoting his books in a Greyhound-sized bus adorned with blowups of his face?
Is it his apparent ability to please the ultrawealthy, to the tune of tens of millions of dollars for his spec homes?