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[bonnie]

I am not going to take the time to go back and look it up, but the horse deal and the e-mail, didn't that include a request for a donation receipt of x number of dollars instead of an appraised value??

Was to total $40,000 for two horses for 2004, and totaled $20,000 for a horse or horses for 2003.

2 horses for 40,000.00 ?

Then why does Linda say she needs acknowledgment for the 2 horses she is claiming in 2004, and appraisals for them?

And why does Danny say that they will each get two receipts each?

Sure it wasn't 4 horses for 20,000.00??

Not that it matters as when DS talked to his accountant he found out they couldn't file like that, so didn't...
As His and Linda's tax returns show and the accountant can verify...


Just one more example of your shoddy reporting...

-------- Original Message --------
From:     Linda Shelton
To:     Danny Shelton
Date:     Wednesday, April 06, 2005 9:15:42 AM

My accountant tells me that it is required to have an acknowledgement from ****** that he received the two horses (which I am claiming as a tax deduction), also the two appraisals of the horses. I cannot finish my tax returns without these items. I appreciate your help in these matters.

LS


------- Original Message --------
From:     Danny Shelton
To:     Linda Shelton
Subject:     RE:
Date:     Wednesday, April 06, 2005 2:02 PM

LS,

I will call ****** today and try to take care of this. I need them also.

DS



-------- Original Message --------
From:     Danny Shelton
To:     Linda Shelton
Date:     Thursday, April 07, 2005 1:39 AM

I left a phone message to ****** of what we need. He did get the horses and we will each get two tax write offs for $10,000 @

Mr. Shelton

As far as I know you can not write off a "donation" to a private individual. So was this conversation dealing with 3ABN and the horses or a private horse business of DS and LS.

It was donations allegedly made by Danny to Stephen Lewis' ministry.

I personally do not believe DS was that dim when it came to business and taxes.  It also shows a willingness by another ministry dealing with DS  and a desire to circumvent the IRS.
Doesn't speak well of either. This also sounds like you are privy to DS financial dealings and what his accountant has to say.


This sounds like you are very closely tied to DS,not just an interested bystander

Not that it matters as when DS talked to his accountant he found out they couldn't file like that, so didn't...
As His and Linda's tax returns show and the accountant can verify...

So it seems apparent that you not only have the confidence of DS and LS, but also their tax accountant.
How strange that no receipt was given at time of donation. What basis did the receiver have for being willing to grant such a amount in the receipt.  Did the receiving ministry have a horse business so as to be able to keep two expensib
While you are at it,please tell me again how on 94,000.00 jointly you can afford this caliber of horse and afford to give two very costly animals away.

How long have they raised horses as a business??
This is extremely good, almost to good of money management .

How did they afford the hoses to begin with??
How do they afford the acreage to pasture this many.  I think it is about 2 acres per horse for grazing land.
If not pasture fed their maintenace cost is even higher.. If pasture fed who provided the fencing for so many? Fencing for horses is not cheap. Who paid for labor they absolutely would have to hire,being gone almost nonstop.

[Sister]

One question is easy to answer: 3ABN bought the property and Danny grazed his horses on it. Danny didn't have to hire workers for his horse business, he had grounds people from 3ABN work for him on 3ABN company time. Also, he personally spent alot of time when he should have been in the office taking care of his horse business. That is the reason Mollie was so important to Danny, part of her work was doing his work. Mostly Danny was there when important guests arrived and he personally signed contracts.

[bonnie]

One question is easy to answer: 3ABN bought the property and Danny grazed his horses on it. Danny didn't have to hire workers for his horse business, he had grounds people from 3ABN work for him on 3ABN company time. Also, he personally spent alot of time when he should have been in the office taking care of his horse business. That is the reason Mollie was so important to Danny, part of her work was doing his work. Mostly Danny was there when important guests arrived and he personally signed contracts.

That would explain the ability to have over a dozen horses on the income stated

bonnie

[Bob Pickle]

Clarification: the 18 acres on which his house and horse barn were built, which Gilley now owns, were given to Danny in 1998 by the owner, Elora Ford. As far as I know, 3ABN has never owned that property.

[bonnie]

Clarification: the 18 acres on which his house and horse barn were built, which Gilley now owns, were given to Danny in 1998 by the owner, Elora Ford. As far as I know, 3ABN has never owned that property.

If that piece of land was given to a private individual,wouldn't that party have to declare  the cash value on his personal income tax. There never used to be the ability to donate and write off your donation unless giving it to a non-profit org.

[Bob Pickle]

According to http://www.irs.gov/businesses/small/article/0,,id=108139,00.html#1, the donor may have to pay gift tax. One would have to check out the rules for 1998.

I've seen no indication that Elora Ford reported that gift as a tax-deductible donation.

[bonnie]

According to http://www.irs.gov/businesses/small/article/0,,id=108139,00.html#1, the donor may have to pay gift tax. One would have to check out the rules for 1998.

I've seen no indication that Elora Ford reported that gift as a tax-deductible donation.

I understand that. 

Some one somewhere has to be paying for this gift. My husband worked for a man in construction. The owner gave my husband a pickup. Obviously we were not a non-profit enterprise so when I transferred title I had to pay sales tax on the appraised value. I also had to figure the value of that into my husband's business when filing income tax.


I am getting a little lost on this. Not important to anything now, but am really curious.

DS and LS donate two very expensive horses to another ministry. It would have to be a non-profit that received those horses or it could not be written off that way. The man receiving  has a ministry that is set up and capable of taking care of expensive horses,so much so that they are considering doing it again. These horses seem to appreciate in value rather quickly.

How did Jim Gilley end up with the property and where does DS live now

[Bob Pickle]

I've wondered if Elora Ford being a supporter of 3ABN affects Danny's tax liability, but I don't know. Remember that she is also the one who bought Danny's house for $135,000 after a week.

Stephen Lewis has a ministry, and it would be through it that Danny got the tax-deductible receipt.

Danny sold Gilly his house and then started building a new house on 48 acres across the road.

[bonnie]

I've wondered if Elora Ford being a supporter of 3ABN affects Danny's tax liability, but I don't know. Remember that she is also the one who bought Danny's house for $135,000 after a week.

Stephen Lewis has a ministry, and it would be through it that Danny got the tax-deductible receipt.

Danny sold Gilly his house and then started building a new house on 48 acres across the road.

I know the tax deductible would have to be thru the ministry of Stephien Lewis. So now it would have to be believed that both these men were ignorant of  of the fact that what they agreed to do was not legal??



Maybe Ian or Sam could answer.
 Is Stepien Lewis involved in horses as a business for his ministry?  Or is a horse business a private business for Stephien Lewis as it is for DS

[Sister]

Clarification: the 18 acres on which his house and horse barn were built, which Gilley now owns, were given to Danny in 1998 by the owner, Elora Ford. As far as I know, 3ABN has never owned that property.

Sorry, Bob, your clarification is incorrect. I am not talking about the land where Danny's former house and horse barn are located. Ma Ford bought a house across the street from Danny that she planned to give to Steven Lewis, later Brandy lived there before she and Danny were married. The idea was to have Lewis start a school of the prophets in conjunction with 3ABN. Needless to say these plans did not bear fruit. Adjacent to that property was another large parcel of land with an old house on it. On two sides it touched roads, on the third side the house across the street from Danny and on the fourth side the main 3ABN property. 3ABN bought this land, it was here that Danny pastured a number of his horses.

[Sam]

One question is easy to answer: 3ABN bought the property and Danny grazed his horses on it. Danny didn't have to hire workers for his horse business, he had grounds people from 3ABN work for him on 3ABN company time. Also, he personally spent alot of time when he should have been in the office taking care of his horse business. That is the reason Mollie was so important to Danny, part of her work was doing his work. Mostly Danny was there when important guests arrived and he personally signed contracts.

Care to prove that he had grounds people care for the horses on 3abn time?  Do you make up these lies or do you get them from someone else?  If you were telling the truth, the IRS would have spotted that in a heartbeat and there would have been repurcussions of some kind. THere wasnt.  Now let's see....who should I believe....Sister who cannot prove one accusation she has made and has been exposed as a liar repeatedly...or....the IRS?

DAH

I am here at ASI where I am finding I can gather plenty of information from the people who actually know something.  Danny had plenty of help with the horses that had nothing to do with 3abn. A big source of help was called "family".  He was usually gone on the weekends and it was easy for a neighbor friend or one of the family to go feed and water the horses for a few days.  If he was gone longer, he paid someone to look after them.

The only thing that makes money with horses is if you have a stud with a famous bloodline and charge a hefty fee to breed your horse to another.  Other than that, because of the expenses of vets, feed, shelter the horses didn't make money.  He had them because he loves horses and likes to ride once in awhile.  As usual this is much ado about nothing.  Remember the IRS already looked into these records and found nothing wrong with DS or 3abn.

[Johann]

Sister, aren't you referring to the low house across the street from where Danny and Linda lived? Seems like the Wilsons lived there for a while before Brandy moved in?

[Sam]

Sister, aren't you referring to the low house across the street from where Danny and Linda lived? Seems like the Wilsons lived there for a while before Brandy moved in?

Everyone has lived in that house.  The Lomacang's, The Wilsons, I believe the new CFO is there now and about 1/2 dozen more have lived there that I can't think of their names.

[Bob Pickle]

Now let's see....who should I believe....Sister who cannot prove one accusation she has made and has been exposed as a liar repeatedly...or....the IRS?

Thus far the IRS has not issued any pronouncements that anyone can provide.

By the way, Sam, don't you think it is about time that you explain why you called $94,000+ combined income a mere pittance?

[bonnie]

Care to prove that he had grounds people care for the horses on 3abn time?  Do you make up these lies or do you get them from someone else?  If you were telling the truth, the IRS would have spotted that in a heartbeat and there would have been repercussions of some kind. There wasn't.  Now let's see....who should I believe....Sister who cannot prove one accusation she has made and has been exposed as a liar repeatedly...or....the IRS?

Did the IRS investigate DS and LS at the time of this investigation? I mean their personal finances along with the investigation of 3ABN

I am here at ASI where I am finding I can gather plenty of information from the people who actually know something.  Danny had plenty of help with the horses that had nothing to do with 3abn. A big source of help was called "family".  He was usually gone on the weekends and it was easy for a neighbor friend or one of the family to go feed and water the horses for a few days.  If he was gone longer, he paid someone to look after them.

The only thing that makes money with horses is if you have a stud with a famous bloodline and charge a hefty fee to breed your horse to another.  Other than that, because of the expenses of vets, feed, shelter the horses didn't make money.  He had them because he loves horses and likes to ride once in awhile.  As usual this is much ado about nothing.  Remember the IRS already looked into these records and found nothing wrong with DS or 3abn.

Quite frankly you are full of it in terms of only making money with a famous bloodline standing at stud.
The bulk of quality horses, not famous bloodlines, are sold by those that do so as a business, whether part time or full time

The problem is in the setup and purchase of quality animals to begin with. On a mere pittance D and LS somehow eked out enough of this mere pittance to buy some expensive animals,just for the fun and love of the horses. And as you say, at times hire others to care for them, the vet,feeding,worming,hay,grain,riding equipment.Then of course any pasture land has to be fenced,which is not cheap. He seems to have a breeding program going as he refers to the need to replace his stud,and yet on a mere pittance he can afford to donate two horses to another ministry. About the cheapest figure you can go in maintaining horses is roughly 80.00 per month. Take that times 15 and then explain pittance to me again.