Results tagged “puntacana”

Representative Charles Rangel's Dominican Republic villa continues to be scrutinized as it's now reported the interest on his mortgage was waived. This comes a day after his lawyer also revealed the powerful Chairman of the House's Ways and Means Committee did not report $75,000 in rental income (over the past 20 years) from the villa.

What a week for Representative Charles Rangel! On Sunday, the House's Ways and Means Committee was on the cover of the NY Post, which said rental income from his Dominican Republic villa was not reported to the IRS in 2006 and 2007. Today, he's back on the front page...but this time, it's the NY Times which says he failed to report $75,000 in income since 1988 from that very villa!

Ever since the NY Times reported that Representative Charles Rangel had four rent-stabilized apartments--three for living quarters and one for an office--his real-estate holdings have been scrutinized. Now the NY Post puts a dozing Rangel on its cover for a story about his vacation property in the Dominican Republic.