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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 10/6/23 at 8:34 am to Free888
Posted on 10/6/23 at 8:34 am to Free888
It could be anywhere from 250 million to 1.5b.
It's 62k SQ ft on 17 acres of the most expensive water front property in he country. And is an operation business.
Saying 18 - 27 mill is the most retarded thing ever. There is nothing wrong with the evaluation of trumps price. It's the job of the bank and the lenders to evaluate and they believed it to be true.
It's another hit job to bankrupt him.
It's 62k SQ ft on 17 acres of the most expensive water front property in he country. And is an operation business.
Saying 18 - 27 mill is the most retarded thing ever. There is nothing wrong with the evaluation of trumps price. It's the job of the bank and the lenders to evaluate and they believed it to be true.
It's another hit job to bankrupt him.
2
Posted on 10/6/23 at 8:34 am to cwill
quote:incredible how the up/downvote ratio is exactly the same among all of y'all
cwill
well, that and your blindness regarding all sensibilities and aesthetics
Posted on 10/6/23 at 8:44 am to bayouvette
quote:exactly, any reasonable (even powerman the king of contrarian ackchyually)
There is nothing wrong with the evaluation of trumps price. It's the job of the bank and the lenders to evaluate and they believed it to be true.
It's another hit job to bankrupt him.
sees this.
it is almost surreal watching cwill and some nevertrumpers pop out to say OMB and argue water isn't wet. Beyond a level of a pure partisan hackery & contrarian ackchyuallyism.
Posted on 10/6/23 at 9:13 am to cajunangelle
its hard watching intelligent people make utterly insane arguments, for no other reason than they feel like they have to defend the party's behavior.
Posted on 10/6/23 at 9:25 am to Bronco11
quote:
Yes. Conservative estimate 500M
There are 2.25 acre vacant lots on the beach selling for $200 million.
MAL is unique, the property stretches from the ocean to the ICW.
Not sure, I believe it’s 62 acres. If so, based on the above lot price, it puts just the land at $6 billion at an absolute minimum, before factoring in the historic mansion that takes in over $20 million/year.
Posted on 10/6/23 at 9:28 am to cajunangelle
quote:
Trump placed the value as between $426,529,614 and $612,110,496 on filings over the same 2011-2021 period, according to the ruling.
quote:
“Without doing a detailed analysis, and just based on what people have paid for other properties, I should say that many of my colleagues believe Mar a Lago to be worth $250 million or more.”
quote:
Forbes has pegged Mar-a-Lago’s worth at $325 million.
I never said the assessed value was correct, only where the number came from.
That being said Trumpco came up with a value that was basically 2X of other cited sources.
Posted on 10/6/23 at 9:41 am to cwill
why do you keep ignoring the fact that other real estate experts have pegged the value at 700B or higher? Why do you keep ignoring the fact that the real estate asset value and the MAL business value are different?
You think he should be charged with fricking fraud because real estate experts have different opinions about an asset's value, or because a dishonest judge wants to use an old tax assessment to put a politician he doesnt like in jail?
You think he should be charged with fricking fraud because real estate experts have different opinions about an asset's value, or because a dishonest judge wants to use an old tax assessment to put a politician he doesnt like in jail?
This post was edited on 10/6/23 at 9:46 am
Posted on 10/6/23 at 9:46 am to cwill
a team of lawyers for both sides get paid very well to work all of this out. Some hack judge is pulling numbers out of his arse over settled matters.
Posted on 10/6/23 at 9:50 am to cajunangelle
I'm still wondering where the fraud is! Where is the bank that got screwed over or lost money because of what Trump put on his financial disclosure?
From what's been reported the loans were paid on time and to perfection, with tens of millions in interest being made by the bank. NY doesnt have the bandwidth to process a few migrants, but their criminal justice system can absorb a massive boondoggle like this?
From what's been reported the loans were paid on time and to perfection, with tens of millions in interest being made by the bank. NY doesnt have the bandwidth to process a few migrants, but their criminal justice system can absorb a massive boondoggle like this?
Posted on 10/6/23 at 9:52 am to bayouvette
quote:
It could be anywhere from 250 million to 1.5b. It's 62k SQ ft on 17 acres of the most expensive water front property in he country. And is an operation business. Saying 18 - 27 mill is the most retarded thing ever. There is nothing wrong with the evaluation of trumps price. It's the job of the bank and the lenders to evaluate and they believed it to be true.
And the property earns 25 million a year
Think about that for a minute
It is supposedly only worth 18 million but earns 25 million a year
Posted on 10/6/23 at 9:54 am to Loserman
So, what is the next step for Trump on this lawsuit?
Posted on 10/6/23 at 9:57 am to Vacherie Saint
quote:Because Letitia is a functioning retard and the Judge was told to repeat her inane bullshite.
Why do you keep ignoring the fact that the real estate asset value and the MAL business value are different?
The overall point that Rogan is making is they aren't even trying to hide that they want Trump cancelled and dehumanized.
Does cwill not realize that if they do this to Trump they could give two craps about citizens and would also destroy them for their sick great reset goals.
The R's and the D's are all aboard with the green new deal-- snuck in a convoluted omnibus whatever package. Gaetz is trying to expose and stop the hell that is DC.
Imagine being such a mind-numbing idiot that doesn't see the green new deal and great reset destroying America. Even the Bernbots woke up.
Posted on 10/6/23 at 10:01 am to cajunangelle
Cwill isn’t stupid. He’s just OK with people who don’t think like him being canceled, silenced, and imprisoned until nothing remains but the authoritarian left elites with their gestapo police state and media propaganda machine.
He’ll keep pretending this is objective justice until we are all gone and he no longer needs to pretend.
He’ll keep pretending this is objective justice until we are all gone and he no longer needs to pretend.
Posted on 10/6/23 at 10:42 am to robinette
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!
With a net worth of $200m you simple jack
Posted on 10/6/23 at 11:23 am to Vacherie Saint
Agreed, cwill isn't stupid. But he bends over backwards to back up and support stupid over partisan TDS OMB hate...
Stupid is what stupid does.
Stupid is what stupid does.
quote:
LINK
Posted on 10/6/23 at 11:38 am to cajunangelle
“Market Value” is what someone is willing to pay.
Going by the tax assessor’s “assessed value” is a fools errand….
Going by the tax assessor’s “assessed value” is a fools errand….
Posted on 10/6/23 at 11:59 am to Vacherie Saint
quote:
why do you keep ignoring the fact that other real estate experts have pegged the value at 700B or higher? Why do you keep ignoring the fact that the real estate asset value and the MAL business value are different?
I quoted directly from the article which included two experts who gave a value which was 1/2 of the Trumpco value.
quote:
You think he should be charged with fricking fraud because real estate experts have different opinions about an asset's value, or because a dishonest judge wants to use an old tax assessment to put a politician he doesnt like in jail?
Here some other valuation discrepancies in the matter, from the opinion:
LINK
Posted on 10/6/23 at 12:21 pm to cwill
Cool, so if your tax assessed value doesn’t match your market value, we can jail you for tax evasion? If your mortgage loan request was higher than your tax assessed value, you have committed bank fraud.
You are a revolting shill.
You are a revolting shill.
Posted on 10/6/23 at 12:25 pm to Vacherie Saint
revolting shill is too kind.
Posted on 10/6/23 at 12:49 pm to MAADFACTS
Oh I also think Trump’s numbers are BS. I am not an appraiser, and couldn’t tell you what it’s worth, but 18 million seems ridiculously low. 27 million I could believe
Its easily over 400 million and thats a low ball estimate of the property value. Trumps valuations are a lot closer to reality. There are homes near his without the beach front and size that are close to 400 million. You sir, are an idiot.
Its easily over 400 million and thats a low ball estimate of the property value. Trumps valuations are a lot closer to reality. There are homes near his without the beach front and size that are close to 400 million. You sir, are an idiot.
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