Commanders Post at The Warpath - View Single Post - Report: Redskins to unveil drawings of new stadium, location tbd

CRedskinsRule · 08-10-2016, 06:59 PM

He also didn't get to be a billionaire by holding onto assets that are fully capitalized, and losing money each year. If the Redskins move, and his building stays on the land, he will need to lease the land (and pay taxes on the assets). On the other hand, if he strips it down and firesales the parts and pieces off as Redskins memorabilia and then blows the base structure up, he can avoid leasing the land, and be done with Maryland taxes (assuming he builds in VA).

There aren't really many options for an 80,000 seat stadium, especially open air. PG County sure isn't buying it.

08-10-2016, 06:59 PM	#100
CRedskinsRule Living Legend Join Date: Aug 2008 Age: 59 Posts: 21,744	Re: Report: Redskins to unveil drawings of new stadium, location tbd He also didn't get to be a billionaire by holding onto assets that are fully capitalized, and losing money each year. If the Redskins move, and his building stays on the land, he will need to lease the land (and pay taxes on the assets). On the other hand, if he strips it down and firesales the parts and pieces off as Redskins memorabilia and then blows the base structure up, he can avoid leasing the land, and be done with Maryland taxes (assuming he builds in VA). There aren't really many options for an 80,000 seat stadium, especially open air. PG County sure isn't buying it.