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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 3:53 pm to robinette
Posted on 10/5/23 at 3:53 pm to robinette
You’re a fricking moron and obviously just showed you’re exactly the type of people he’s talking about! Plus it’s blatantly obvious you know NOTHING about real estate and investments. See your way out of this conversation.
1
Posted on 10/5/23 at 3:55 pm to LSUCap
Heck Rush's place in Palm Beach sold for $150 million to the Estee Lauder guy.
Posted on 10/5/23 at 3:59 pm to angusjung
quote:
Number of Posts: 8
Post less.
Posted on 10/5/23 at 4:01 pm to 1BIGTigerFan
The place of definitely worth more than 18. However the site is from what I gather zoned as something different. I do not think that you could for example build “bigger” on it hence a lesser value than some places. I am sure that is one reason Trump bought it in the first place. Pay less
Posted on 10/5/23 at 4:03 pm to cajunangelle
Do you think Mar-a-lago is worth $1.5B?
Posted on 10/5/23 at 4:06 pm to Tvilletiger
quote:
The place of definitely worth more than 18. However the site is from what I gather zoned as something different. I do not think that you could for example build “bigger” on it hence a lesser value than some places. I am sure that is one reason Trump bought it in the first place. Pay less
It's deed restricted and that was ignored in the Trumpco valuations of $600MM+.
The $18-27MM valuation comes from the Palm Beach Assessor's office.
Posted on 10/5/23 at 4:14 pm to cwill
quote:
It's deed restricted and that was ignored in the Trumpco valuations of $600MM+.
The $18-27MM valuation comes from the Palm Beach Assessor's office.
Who gives a flying frick. It is just lawfare. Everyone can see that.
Posted on 10/5/23 at 4:22 pm to Suck Out West
quote:
The judge is a democrat.
Posted on 10/5/23 at 4:26 pm to cwill
Why do you try to talk about things you have no clue about? There is a huge difference between tax assessed value and market value, if you think you could buy that property for anywhere near 25$ million you are mentally ill
Posted on 10/5/23 at 4:27 pm to robinette
quote:
robinette
You wanna attack the idea of step up basis as a vehicle to gain capital from existing assets through valuation financing then you better start with all your leftist in Washington and big tech. Trump has flaws but he’s always been up front about using the system that Washington politicos put in place to decrease tax bills and increase asset values
Posted on 10/5/23 at 4:33 pm to roadGator
quote:
You’ve proven your idiocy.
You can go back to DU now, bitch arse.
I actually enjoy reading his idiotic drivel.
It's good to know your opposition.
Posted on 10/5/23 at 4:34 pm to TROLA
“Rush’s place in Palm Beach sold for $150 million”
Hannity’s radio show had someone that talked about that.He said he had been to Rush’s place and MarLago.
He said Mar Lago was significantly larger,nicer and had quite a bit more acreage.
He guessed M L to be worth at least $600 million.
Hannity’s radio show had someone that talked about that.He said he had been to Rush’s place and MarLago.
He said Mar Lago was significantly larger,nicer and had quite a bit more acreage.
He guessed M L to be worth at least $600 million.
Posted on 10/5/23 at 4:40 pm to robinette
quote:
Dude, you are the one that keeps PM'ing me (let's be honest, unimpressive) dick pics for the past week. Pot kettle black??
TD has a PM function? Cool. How do I view my PMs?
Posted on 10/5/23 at 4:42 pm to cajunangelle
This is easily knowable. Just get a real estate appraiser out there and get a figure with comps.
Why is there any debate about this.
18 mil is a long way from 180 mil.
Why is there any debate about this.
18 mil is a long way from 180 mil.
Posted on 10/5/23 at 4:42 pm to cwill
quote:
Do you think Mar-a-lago is worth $1.5B?
I don’t know but I do know it’s worth more than 18 million. How about you? Do you think it’s only worth $18 million?
Don’t use the tax assessment, that demonstrates that either you’re an idiot, a liar, or both
Posted on 10/5/23 at 4:45 pm to Wildcat1996
quote:
worth $18Million by Wildcat1996This is easily knowable. Just get a real estate appraiser out there and get a figure with comps
Joe blow real estate appraiser isn’t remotely qualified to do this type of asset valuation.
It’s like people don’t even pretend to understand how any of this works
This post was edited on 10/5/23 at 4:50 pm
Posted on 10/5/23 at 4:46 pm to tiger1616
quote:
So, don’t debate the facts. Just shoot the messenger as a roided out idiot. Sounds about right for your side. Go try and buy 20 acres on the Florida coast and get back to me.
Yep.
Look on Zillow. Two beachfront lots for sale in Palm Beach, each one about 2.25 acres each.
The worst looking one is listed for $150 million. The better, more open lot is listed for $200 million.
Just for a vacant, 2 acre lot.
The judge is an idiot.
Posted on 10/5/23 at 4:47 pm to robinette
What’s that make you. The voice reason you as bad as they are GTFO
Posted on 10/5/23 at 4:50 pm to Wildcat1996
quote:
This is easily knowable. Just get a real estate appraiser out there and get a figure with comps.
Not quite that simple. It's a revenue producing property so it would be valued even much higher than that.
Posted on 10/5/23 at 5:20 pm to Rip Torner
quote:
Why do you try to talk about things you have no clue about? There is a huge difference between tax assessed value and market value, if you think you could buy that property for anywhere near 25$ million you are mentally ill
I just provided where the $18mm valuation in the court opinion came from. Same place I read about the deed restriction and the Trumpco value. There "expert" came up with a $1.5B valuation.
If you read the opinion you will also see that when it came to his Manhattan apartment he inflated the value by misrepresenting the square footage by 3X.
The Opinion.
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