Business & Economy · 1 views
Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’
"My guess is he is preparing to offset a boatload of carried interest income.
Source Fortune Story Brief Updated 2h 12m ago
Business & Economy 
Story intelligence Beta
Freshness Fresh Updated 2h 12m ago
Confidence Limited Single-outlet story
Coverage Single outlet
Views 1 Community interest
Read time 1 min ~29 words
Story Brief
"My guess is he is preparing to offset a boatload of carried interest income. If you own a sports team, done correctly, you can get a deduction against income."
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