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re: Joe Rogan shreds people for saying Donald Trump’s Mar-A-Lago is only worth $18Million

Posted on 10/5/23 at 7:16 pm to
Posted by Westbank111
Armpit of America
Member since Sep 2013
2067 posts
Posted on 10/5/23 at 7:16 pm to
A McMansion?

A McMansion is 4000+ sf’ on a 1/2 acre lot in the suburbs.

Trumps Properties are equivalent to Palaces and Resorts in this case.

Mar-a-Lago is also a business producing income and revenues, they’re a thing called EBITDA, but that’s way above your little brain.

The valuation for this property would be a very specialized valuation on the business side and then an appraisal on the real estate.

That resort could have so many potentials that could likely put it at a $1B value easily.

If Trump didn’t use it as his primary residence, he could carve it up into several businesses etc…

Zoning is the only thing I’m not sure about, but I bet he could generate Multi-Millions in revenue every MONTH.

Think of a hotel room on the beach in a 5-star hotel, you’re paying $500-1,000+ plus per night. How many hotel rooms could he buildout at that property?

Maybe he could do a substantial development, pre-sale condos and have mixed use with storefronts etc…

The place is endless on what he could likely do with 20 acres of prime real estate!

You really should post less, I don’t think you realize how dumb you really are!
Posted by Bronco11
Member since Jul 2022
151 posts
Posted on 10/5/23 at 7:18 pm to
A Florida realtor would probably try to take smaller pieces of sales and add them up by sqft and land size. This is an inaccurate exercise. Really, you take an encompassing look at MAL and just how unique it is at water on both sides, a palace and 17+ acres along with revenue generating. You can't accurately price that, really. Trump could list it for any amount he wanted just to see who would pay what. I personally think 500M would have hundreds of buyers world wide lining up. It's that unique.
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15611 posts
Posted on 10/5/23 at 7:24 pm to
I need more info. If the judge really ruled on such flimsy grounds this whole thing is fricked.
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
5147 posts
Posted on 10/5/23 at 7:51 pm to
So it’s another Trump property tax Dodge ?
Like Telling banks it’s a 30k ft penthouse
And the IRS 10k ft in Trump tower
Posted by TDTOM
Member since Jan 2021
15185 posts
Posted on 10/5/23 at 7:54 pm to
quote:

So it’s another Trump property tax Dodge ?
Like Telling banks it’s a 30k ft penthouse
And the IRS 10k ft in Trump tower


You are an idiot.
Posted by Bronco11
Member since Jul 2022
151 posts
Posted on 10/5/23 at 8:26 pm to
quote:

So it’s another Trump property tax Dodge ?
Like Telling banks it’s a 30k ft penthouse
And the IRS 10k ft in Trump tower


Carefully read the 2nd post on this page. Really pay attention to the part about mass appraisal use by assessors and the 3% max increase allowable per year.

Still feel the same way? That's a you problem, and everyone notices it.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 10/5/23 at 8:30 pm to
quote:

So you think MaL is only worth 18 million?


No. I also don’t think it’s worth 600mm or 1.5B.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 10/5/23 at 8:31 pm to
quote:

You dip shite. You clearly don’t know anything about beach front property in WPB.


I don’t and have never claimed to or put forth a value. Can you read?
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 10/5/23 at 8:32 pm to
quote:

Do some comps. $150-300M


Trump claimed a 2X value.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 10/5/23 at 8:35 pm to
quote:

shite, we got another piece of shite that got a worthless degree on something like Female Studies. I can’t believe you dumbfrick liberals don’t know the difference between a tax assessment and FMV!


I wish people could read.

I also wish our Tx assessors assessed our properties at 1/33 fmv.
Posted by Upperaltiger06
North Alabama
Member since Feb 2012
3951 posts
Posted on 10/5/23 at 8:42 pm to
quote:

Joe Rogan said that!? Why hasn't the case been immediately dismissed!? Oh wait, b/c he's a roided-out idiot with shite for brains. Carry on!


He’s talking about you. You don’t want to be honest with yourself or anyone else. Make an argument better than the roided-out idiot. Should be easy, but instead you just name call.
Posted by tiger91
In my own little world
Member since Nov 2005
36797 posts
Posted on 10/5/23 at 9:02 pm to
I have no idea about these charges/guilty against trump.

So he misvalued properties .. what’s the issue? Truly don’t know but would like to understand.
Posted by Gifman
Member since Jan 2021
9771 posts
Posted on 10/5/23 at 9:06 pm to
This is 17 acres of beach to beach property in one of the most expensive areas in the world. It’s definitely worth north of 500 mil.
Posted by roadGator
Member since Feb 2009
141274 posts
Posted on 10/5/23 at 9:22 pm to
You stupid frick, there are condos in WPB going for $40M.
Posted by Shamoan
Member since Feb 2019
9405 posts
Posted on 10/5/23 at 9:26 pm to
You seem like a fed.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 10/5/23 at 9:29 pm to
So you think a deed restricted property that can only be a social club and can’t be subdivided has the same full value as a single fam residence?

What about claiming 30k square feet on a 10k sqrare foot residence in Manhattan? Legit?
Posted by roadGator
Member since Feb 2009
141274 posts
Posted on 10/5/23 at 9:32 pm to
I don’t give two shits about Manhattan. I have no idea what this whataboutism is about.

I do know that lenders check real estate beyond what I tell them it’s worth. Otherwise, I’could tell them my house is 7500 square feet and worth 2.2 mil. FFS

You clearly know as much about WPB real estate as the commie judge in NY.

You hate trump. I get it. Just say so. JFC.
This post was edited on 10/5/23 at 9:34 pm
Posted by LSUBALLER
Louisiana
Member since Jul 2013
16611 posts
Posted on 10/5/23 at 9:34 pm to
Post less!
Posted by LSUBALLER
Louisiana
Member since Jul 2013
16611 posts
Posted on 10/5/23 at 9:35 pm to
For your own good get Bidens cock out your jawbone!
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63414 posts
Posted on 10/5/23 at 9:44 pm to
quote:

You dip shite. You clearly don’t know anything about beach front property in WPB.


I don’t and have never claimed to or put forth a value. Can you read?



quote:

No. I also don’t think it’s worth 600mm or 1.5B.


Back to back makes it a little awkward, right?

I honestly have no fricking idea what purpose it serves to just blindly agree with AG Leticia about an obviously bogus valuation. Other than admitting it's bogus being an implicit admission that this low IQ dolt is trying a bogus case, what is the point of dying on retard hill? Seriously
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