[Dems_R_Losers]

Don't discount the possibility that these designers are giving stuff to Huma. They got lots of free pub when she wore their duds in that Vogue article, and they may be hoping to get Hillary and her staff women to wear their stuff when she is elected. Most of the Hollywood celebs don't pay a dime for their Pradas and Oscars. Every time Gwyneth or Nicole is photographed carrying the latest Dior, they sell thousands of them. Imagine how many handbags you can sell if the first woman POTUS is carrying one to her Inaiguration! Or even if her glamorous Executive Assistant is carrying one.

Now the DC condo is a very different question. While she could have gotten an exotic mortgage with interest only or something like that, she still would have had to make a substantial downpayment for it. I think the most likely explanation is that Hillary gave her the cash. Nothing illegal about it as long as she paid taxes on the income.

Also a good possibility is that Hillary has arranged some nice investments for Huma with her hedge-fund pals including Ron Rosenbaum, Norman Hsu, and Mark Lasky, the guy Chelsea works for.

[KayEyeDoubleDee]

I think the most likely explanation is that Hillary gave her the cash. Nothing illegal about it as long as she paid taxes on the income.

If someone gifted her the money for the condo, then, with a top marginal tax rate of about 35%, for her to have cleared [after taxes] the $649,000 needed for the condo, the gift would have had to have been roughly:

[0.65] X GIFT = $649,000
GIFT = [$649,000] / [0.65]
GIFT = $998,461.54

I.e. if this was done on the up & up [at least as far as the IRS is concerned], then someone had to slip her a cool $1 MILLION!!!

You know, the IRS is supposed to have software which goes bananas and which sets off all kinds of alarms if it detects that people are living way beyond their means like this.

And, no - college professors in the humanities & the social sciences do NOT leave million-dollar inheritances to their children.

[KayEyeDoubleDee]

Don't discount the possibility that these designers are giving stuff to Huma.

If so, then all of their gifts have to be reported to the IRS.