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

Posted on 10/8/23 at 4:34 pm to
Posted by Antoninus
Ravenna
Member since Sep 2023
1089 posts
Posted on 10/8/23 at 4:34 pm to
quote:

You think Trump agreeing to the tax assessors value (which only means he didn’t challenge it) means anything for FMV. Yikes.
I said nothing of the sort, nor did the judge
This post was edited on 10/8/23 at 4:36 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135710 posts
Posted on 10/8/23 at 4:36 pm to
quote:

I have no idea, and (again) the judge made no finding as to its value.
He made a finding based on prosecution claims about valuation.

AGAIN, the question Mr.ReaderOfComplaintCase&Order, what were the claims re: Mar-a-lago?

Be specific, Hank.
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:38 pm to
quote:

Actually, I get my information from the court’s ruling.


Probably not wise since the completely partisan judge cited the tax assessors valuation. That’s why you were all excited about that ridiculous claim earlier. You had no clue how assessments work. The judge does. You were just ignorant. The judge is simply partisan.

There is not a single non-partisan individual that would honestly make that claim. You might as well be getting your “info” from CNN. The decision is so utterly ridiculous and biased. You know it and I know it.

Just admit you don’t care. You just want to persecute trump. And if it takes lawfare to do it, you’re cool with it.
This post was edited on 10/8/23 at 4:42 pm
Posted by tango029
Member since Dec 2022
531 posts
Posted on 10/8/23 at 4:38 pm to
quote:

You should be sorry for that insertion.

E.g., During the Great Recession property values plummeted. Cities like Las Vegas and Phoenix saw 60% home price drops in one year.


Should be sorry for what?

The loan would use the valuation when it's originated, in this case 2011, 3 years after the real estate market imploded crashing valuations.

Trump estimated its value between $426.5 million to $612.1. It's not even with that much today 12 years later.

All the dumbasses on this board throwing out strawmen arguments about its value today. You don't make a loan on what a property will be worth 12 years from now and if you get it rezoned and build some mcmansions.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135710 posts
Posted on 10/8/23 at 4:38 pm to
quote:

I said nothing of the sort, nor did the judge
Good Lord.
I can hear Bonds laughing at you from my house half a continent away.
I feel bad for you.
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:39 pm to
quote:

I said nothing of the sort, nor did the judge


Also you:

quote:

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.


You said the judge said that in the ruling. If neither you nor the judge allege that, why in the world would you bring it up?

Just admit you are just fine with lawfare as long as it is against trump.

Also, why the name change, Hank?
This post was edited on 10/8/23 at 4:43 pm
Posted by Antoninus
Ravenna
Member since Sep 2023
1089 posts
Posted on 10/8/23 at 4:40 pm to
quote:

He made a finding based on prosecution claims about valuation.
Quote his “finding” as to value, please.

Because I do not see one.
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:42 pm to
quote:

It's not even with that much today 12 years later.


Who told you this?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135710 posts
Posted on 10/8/23 at 4:43 pm to
quote:

It's not even with that much today 12 years later.
"It's not even with that much"?

So perhaps you know, when did Trump cede portions of Mar-a-lago away from his private residence?

Would that change his personal value? How about the value of the entire property?

Whoopsi!
This post was edited on 10/8/23 at 4:44 pm
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:43 pm to
quote:

Quote his “finding” as to value, please.


The finding was for fraud. The reason given was:



quote:

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.


Don’t play semantics, Hank. As an officer of the court that ruling should offend you.

Why the name change?
Posted by Antoninus
Ravenna
Member since Sep 2023
1089 posts
Posted on 10/8/23 at 4:45 pm to
quote:

what were the claims re: Mar-a-lago?
There were ten pages of misrepresentations specific to Mar-A-Lago. As I recall, they started at page 101 of the Complaint and paragraph 332. There are also 40 pages of explanation as to how all the misrepresentations (including MaL) relate specifically to the pattern of fraud.

I do not see any point repeating 50 pages for you.
This post was edited on 10/8/23 at 4:58 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135710 posts
Posted on 10/8/23 at 4:48 pm to
quote:

He made a finding based on prosecution claims about valuation.
---
Quote his “finding” as to value, please.
Oh my. Let me help you with the syntax, Hank:

• He made a finding based on prosecution

• Quote his “finding” as to value

Do you see the problem ... yet?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135710 posts
Posted on 10/8/23 at 4:50 pm to
quote:

I do not see any point repeating 50 pages for you.
A summary would be fine. Take you time, Hank.
Posted by tango029
Member since Dec 2022
531 posts
Posted on 10/8/23 at 4:50 pm to
quote:

Would that change his personal value? How about the value of the entire property?

Whoopsi!


What does this have to do with its value 12 years ago when the loan was made.

Stop with the strawman garbage it's pathetic.
This post was edited on 10/8/23 at 4:52 pm
Posted by Antoninus
Ravenna
Member since Sep 2023
1089 posts
Posted on 10/8/23 at 4:51 pm to
quote:

Just admit you are just fine with lawfare as long as it is against trump.
I have said repeatedly that this case is clear selective enforcement. Yes, that is problematic. It is also completely independent of whether the claims have substantive merit.
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:52 pm to
quote:

What does this have to do with its value 12 years ago when there loan was made.


You have zero clue what the value was 12 years ago. Let alone now.

quote:

Stop with the strawman garbage it's pathetic.


What does this even mean. He asking you for context behind your assertion. That isn’t a straw man.

Where are you getting your info re: valuation of MAL?
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:53 pm to
quote:

I have said repeatedly that this case is clear selective enforcement. Yes, that is problematic. It is also completely independent of whether the claims have substantive merit.


The judge cited the tax assessors valuation and you cited the judge citing the tax assessors valuation.

Now, for the 5th time….why the name change.
Posted by Antoninus
Ravenna
Member since Sep 2023
1089 posts
Posted on 10/8/23 at 4:57 pm to
quote:

The finding was for fraud. … that ruling should offend you.
Not really.

If the allegations of the Complaint are accurate, this was a massive pattern of fraud, of which the FMV of Mar-a-Lago is maybe 1% of the case. Perhaps less.
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:57 pm to
quote:

It is also completely independent of whether the claims have substantive merit.



quote:

From 2011-2021, the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million,” Engoron wrote in his ruling. The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million, “an overvaluation of at least 2,300%, compared to the assessor’s appraisal.”


This is what you are defending Hank. Is that enough for you to admit the judge “found” overvaluation by using the assessed value?
Posted by BBONDS25
Member since Mar 2008
57164 posts
Posted on 10/8/23 at 4:58 pm to
quote:

Not really.


We know.

quote:

If the allegations of the Complaint are accurate,


You must never represent a defendant. Holy shite, what a statement.
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