It came to freepers attention that Obama’s name is not on the title of his house, nor does he pay the taxes.. A lawyer, whose law firm he was once in does. Found this thread that tells about it,
Bah Bah,Can you explain how it works?
(all: lots of good information at link)
http://www.americanthinker.com/2008/07/the_obamas_and_their_mortgage_1.html
“...Obama used a trust account through Northern Trust to purchase the home. His attorney, William Miceli, signed the real estate documents on behalf of the trust. The same William Miceli was a sometime supervisor of Obama when Obama worked at the law firm of Davis Miner Barnhill & Galland...”
hoosiermama, I have looked at this, as have people with more resources and smarts than I have, such as AJ Strata.
My assessment, from years in real estate, is that they are getting a contrived deal, convoluted and done to keep him rising and advantaged. He is a creature of others, and that’s my best guess, because none of it makes sense in terms of a regular couple buying a house in the usual way. Does not compute.