Trump and the Trump Organization improperly manipulated the value of certain assets to secure loans and obtain tax benefits to which they otherwise would not have been entitled.
The investigation includes questions about involves at least four properties, including the Seven Springs estate in Westchester, New York originally built by Eugene Meyer, a former publisher of the Washington Post. James is investigating the estate's conservation easement, otherwise known as a legal agreement that limits use of land for conservation purposes, and whether it was inflated "for the purpose of taking a larger tax deduction that would otherwise have been permitted," a lawyer in the attorney general's office said in August.
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