• Nougat@kbin.social
    link
    fedilink
    arrow-up
    13
    ·
    1 year ago

    Company probably doesn’t own the buildings. Company is leasing the office space from the building owner(s) … who are probably executives and/or board members.

        • Melkath@kbin.social
          link
          fedilink
          arrow-up
          4
          arrow-down
          2
          ·
          edit-2
          1 year ago

          The company doesn’t own the buildings, but the owners of the company, the ones that would see the bonus money for selling the buildings (company savings on rent and a terminated lease), own the buildings.

          So there are a lot of mental gymnastics, but the punchline is that the company does own the buildings with a lot of rotten little pockets in the irs filings…

          Your initial and final statement, while both true, do very much contradict eachother.

          • Nougat@kbin.social
            link
            fedilink
            arrow-up
            3
            ·
            1 year ago

            I get what you’re saying - yes, the owners of the company also own the buildings - but that is different from the company owning the buildings.