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Started By
Message
re: Joe Rogan shreds people for saying Donald Trump’s Mar-A-Lago is only worth $18Million
Posted on 10/8/23 at 9:16 am to TBoy
Posted on 10/8/23 at 9:16 am to TBoy
quote:
If Maralago is valued at its unrestricted value, as every moron in this thread assumes, Trump owes millions in taxes, which he has avoided for years through the restrictions.
You must mean property taxes. Clearly you aren’t aware of the annual limit on the assessor to increase taxes.
This post was edited on 10/8/23 at 9:17 am
Posted on 10/8/23 at 12:04 pm to BBONDS25
quote:
Clearly you aren’t aware of the annual limit on the assessor to increase taxes.
Are you talking about the laws and ordinances in Florida? What do they say?
Posted on 10/8/23 at 1:49 pm to TBoy
quote:
Are you talking about the laws and ordinances in Florida? What do they say?
Property tax assessments are limited to 3 percent increases annually. (Or 10% non homestead). That is done at the discretion of the county assessor.
The MAL isn’t worth X argument is insane. The judge stating that it’s only worth 27 is more insane. Saying trump owes more in taxes because of property tax is just complete ignorance on how the system works.
This post was edited on 10/8/23 at 1:52 pm
Posted on 10/8/23 at 2:31 pm to BBONDS25
quote:
This whole line of argument is absolutely ridiculous. Just say you support lawfare
low-t is simply repeating (copying and pasting?) stuff he sees on DU…aka - the cesspool of humanity.
Posted on 10/8/23 at 2:57 pm to BBONDS25
quote:People keep claiming that the judge made such a finding. Where?
The judge stating that it’s only worth $27 (million) is more insane.
I have read the MSJ Order twice now, and I see no such finding anywhere. Order
This is just another case of some idiot reporter putting this in the media, and everyone just accepting it as true.
The judge listed multiple ways the Trump’s representations of value were fraudulent, including the fact that the tax assessor listed that value and Trump agreed to it. He made no explicit judicial determination that this number was accurate.Hell, Trump’s agreement to that vale, while ALSO claiming a value 2700% higher, is certainly indicative of fraud of some sort.
The bigger factors were almost certainly the useage restrictions, the name-brand premiums, the fact that Trump had a co-owner (National Historic Trust), etc.
This post was edited on 10/8/23 at 3:21 pm
Posted on 10/8/23 at 3:35 pm to Antoninus
quote:The "judge" is either a partisan hack or an imbecile.
The judge listed multiple ways the Trump’s representations of value were fraudulent
Posted on 10/8/23 at 3:38 pm to NC_Tigah
quote:Have you read either the Complaint OR the Order?
The "judge" is either a partisan hack or an imbecile.
Yes or no.
If so, which?
If not, why are you relying upon biased media to tell you what they say?
This post was edited on 10/8/23 at 3:42 pm
Posted on 10/8/23 at 3:44 pm to Antoninus
quote:If a tax assessor appraises tax liability at a lower than expected value, your contention is the property owner is required to ask the assessor to reconsider?
The judge listed multiple ways the Trump’s representations of value were fraudulent, including the fact that the tax assessor listed that value and Trump agreed to it
Posted on 10/8/23 at 3:52 pm to NC_Tigah
No, I do not contend that, but nice dodge of the questions that I asked YOU.
Posted on 10/8/23 at 3:53 pm to Antoninus
quote:Hank, there were HIGHLY COMPETENT appraisers hired by the lending companies to assess collateral value. Those professionals were/are infinitely more competent at property value assessment than is the snaggletoothed creep on the bench.
Have you read either the Complaint OR the Order?
Meanwhile, the loans were issued against collateral. They were paid back on schedule, and in full. The lender and the lendee were happy in each instance.
Posted on 10/8/23 at 3:55 pm to Antoninus
quote:Well nitwit, those questions came in a later post. You'll find my answer above.
nice dodge of the questions that I asked YOU
Posted on 10/8/23 at 4:03 pm to NC_Tigah
quote:
Hank, there were HIGHLY COMPETENT appraisers hired by the lending companies to assess collateral value. Those professionals were/are infinitely more competent at property value assessment than is the snaggletoothed creep on the bench.
Im sorry but when you say a property is worth over half a billion 12 years ago, and it ain't worth that even today, that's fraud plain and simple.
Hell they even got the executive to admit it on the stand that he knew but didn't want to get fired so he went along with it.
It shouldn't come as a shock to anyone that Trump runs his business shady as frick.
Posted on 10/8/23 at 4:07 pm to NC_Tigah
Again. Have you read either the Complaint OR the Order?
Yes or no.
If so, which?
If not, why are you relying upon biased media to tell you what they say?
You clearly have NO understanding of the nature of this lawsuit OR of the specifics of the MSJ Order, because all your points are addressed therein.
Of course, you’ve no let that stop you from forming lots of opinions about it.
Yes or no.
If so, which?
If not, why are you relying upon biased media to tell you what they say?
You clearly have NO understanding of the nature of this lawsuit OR of the specifics of the MSJ Order, because all your points are addressed therein.
Of course, you’ve no let that stop you from forming lots of opinions about it.
This post was edited on 10/8/23 at 4:17 pm
Posted on 10/8/23 at 4:12 pm to tango029
quote:You should be sorry for that insertion.
Im sorry but when you say a property is worth over half a billion 12 years ago, and it ain't worth that even today, that's fraud plain and simple.
E.g., During the Great Recession property values plummeted. Cities like Las Vegas and Phoenix saw 60% home price drops in one year.
Posted on 10/8/23 at 4:26 pm to Antoninus
quote:Both.
Again. Have you read either the Complaint OR the Order?
Yes or no.
If so, which?
Now, it's your turn. What is the value of Mar-a-lago? What was its value in 2021? What was its value in 2022? What is Judge Snaggletooth's expertise in overcalling previous assessments?
This post was edited on 10/8/23 at 4:28 pm
Posted on 10/8/23 at 4:28 pm to Antoninus
quote:
People keep claiming that the judge made such a finding. Where?
quote:
including the fact that the tax assessor listed that value and Trump agreed to it.
You think a tax assessors value has anything to do with FMV? Yikes.
You think Trump agreeing to the tax assessors value (which only means he didn’t challenge it) means anything for FMV. Yikes.
This post was edited on 10/8/23 at 4:30 pm
Posted on 10/8/23 at 4:30 pm to BBONDS25
quote:I'd not make that assumption for him.
Surely you know the DAs position.
Posted on 10/8/23 at 4:31 pm to NC_Tigah
quote:Sure
Both
quote:I have no idea, and (again) the judge made no finding as to its value.
What is the value of Mar-a-lago.
quote:None of which I am aware. That is not his role. His role was to examine the admissible summary judgment evidence.
What is Judge Snaggletooth's expertise in overcalling previous assessments?
Posted on 10/8/23 at 4:34 pm to tango029
quote:
Im sorry but when you say a property is worth over half a billion 12 years ago, and it ain't worth that even today, that's fraud plain and simple.
You have zero clue if this is true. There are “experts” that range the value from 250MM to over a billion. Not a single “expert” values it at 27MM. The fact valuation experts for such a unique property reasonably have a wide range is pretty strong evidence there was no fraud. Do you think the banks just took Trump’s word for it? Have you ever applied for a loan?
quote:
Hell they even got the executive to admit it on the stand that he knew but didn't want to get fired so he went along with it.
Not true. He said he used a value he would use for a private residence. It is not helpful to your wishes. MAL is not just a private residence but also an income producing property as well.
quote:
It shouldn't come as a shock to anyone that Trump runs his business shady as frick.
You have zero clue if this is true. You simply repeat what cnn tells you. As evidenced by your confusion on valuations.
This post was edited on 10/8/23 at 4:36 pm
Posted on 10/8/23 at 4:34 pm to jimmy the leg
quote:
low-t is simply repeating (copying and pasting?) stuff he sees on DU…aka - the cesspool of humanity.
Actually, I get my information from the court’s ruling. If you want to understand a ruling, read the ruling, don’t just repeat right wing talking points
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