Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.
Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.
A Democratic House member is asking Palm Beach County, Florida, to tax Donald Trump’s Mar-a-Lago property at the rate the former president claims it is worth amid his ongoing civil fraud trial in New York.
In a letter first provided to NBC News, Rep. Jared Moskowitz, D-Fla., issued the request to Dorothy Jacks, Palm Beach County's property appraiser.
Moskowitz noted New York Judge Arthur Engoron’s ruling last week saying that Trump repeatedly committed acts of fraud for years. Engoron ruled that Trump lied to banks and insurers by overvaluing and undervaluing his assets while exaggerating his net worth to billions of dollars.
It has covenants that prevent it from being used as a home or residence. It's worth less than other properties because of those use restrictions. Yes Donald is in violation of those covenants by living there. But when you're a star, you know, they just let you do it.
It’s worth less than other properties because of those use restrictions.
LOL, you have no idea how exclusive real estate works do you? The wealthy will pay absolutely MASSIVE premiums to keep away from the poors. It's why every property in that neighborhood is stupidly expensive.
You could argue that being owned by a former President and being the source of so many trips during his presidential term it became known as "The Southern White House" or "Winter White House" should increase its value.
By virtue of the fact that up until just a few months ago, you could even go there and casually peruse security sensitive and classified information if only you found the right bathroom, I guess you could say it was priceless.
bwahahaha those dumb names haven't heard in a while, I prefer Mar a Lardo personally, would that increase the property value? maybe the classified documents you can find in the shitter?