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re: If Trump were thinking right, he'd go ahead and tap out
Posted on 2/16/24 at 8:45 pm to geauxbrown
Posted on 2/16/24 at 8:45 pm to geauxbrown
HOw much is Mar a Lago worth
They claim he low balled for tax reasons and over valued for loan purposes
18 million is very low...but doesn't Palm Beach county establish that value? You pay property taxes accordingly, right
And when it comes to loans, yes you put the your higher estimated value on your property to help your position to borrow..
I don't know about a billion or 1.5 Billion but the place is crazy nice
5 minutes from airport...water on both sides
ridiculous, has many guest homes on that property
half the battle here is it's a resort not a private residence but he lives there...
so it's a nothing burger
I have zero doubt he pushed the limits but who hasn't ?
pay the least amount of taxes
get access to cash so you can grow your business...that's how things get done
355 million in fines over this?
what a sad country
They claim he low balled for tax reasons and over valued for loan purposes
18 million is very low...but doesn't Palm Beach county establish that value? You pay property taxes accordingly, right
And when it comes to loans, yes you put the your higher estimated value on your property to help your position to borrow..
I don't know about a billion or 1.5 Billion but the place is crazy nice
5 minutes from airport...water on both sides
ridiculous, has many guest homes on that property
half the battle here is it's a resort not a private residence but he lives there...
so it's a nothing burger
I have zero doubt he pushed the limits but who hasn't ?
pay the least amount of taxes
get access to cash so you can grow your business...that's how things get done
355 million in fines over this?
what a sad country
Posted on 2/16/24 at 9:00 pm to ApexTiger
quote:
18 million is very low...but doesn't Palm Beach county establish that value? You pay property taxes accordingly, right
Tax value and property value are two completely different things.
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