Trump Media and Tech Group (NO Politics Allowed) (DJT)

[satter]

Everything I posted was Fact. I never said anything about how many members it had. I said it had annual fees of $200,000 in 2017. That is fact

Membership increased to $200,000 in 2017

I also post this fact.

Overall, Mar-a-Lago has seen revenue drop from $25.1 million in 2017 to $21.4 million in 2019

It does not matter what you think it might fetch today. We are dealing back to 2011 and what the appraiser rightfully calculated based on what was already explained 10+ times plus the fact Trump himself agreed to it. This is another Fact

Trump Agreed with Mar-a-Lago Appraisal in 2020


“Donald Trump has sought to discredit a New York judge’s blockbuster ruling threatening his business empire by arguing that Mar-a-Lago alone is worth more than a billion dollars,” The Messenger reports.

“But fewer than three years ago, his tax representative told Palm Beach County officials that Trump ‘agrees’ his private club in South Florida is worth just $26.6 million.”
"The Petitioner agrees with the determination of the property appraiser or tax collector," a real estate broker representing Mar-a-Lago acknowledged on a form filed with the local Value Adjustment Board, and obtained by CBS News.

"The Petitioner agrees with the determination of the property appraiser or tax collector," a real estate broker representing Mar-a-Lago acknowledged on a form filed with the local Value Adjustment Board, and obtained by CBS News.

The broker, Michael Corbiciero, had at first filed to challenge the valuation — attesting under penalty of perjury that the filing was on the owner's behalf as the property's authorized agent — before withdrawing the petition and checking a box saying the property had been accurately appraised.


Mar-a-Lago's valuation is reflective of a property that is not a residence (even though Trump uses it as one).

"Mar-a-Lago is deed restricted as a private club. The deed itself is restricted, it can't be used for any other purpose, as such our office values it as we value the other private clubs in Palm Beach County," Haltermon Robinson said.

Deed restrictions can hurt a property's value, said Eli Beracha, the director of Florida International University's Hollo School of Real Estate.

"Clearly, when you have restrictions on a property, it'll only decrease, not increase the value of the property," Beracha said. "Every time you limit basically what the property can be, the chances are that it decreases the value."

The method the county appraiser uses for a property like Mar-a-Lago is called the income approach, which reflects the club's finances.

"For the income approach, what we normally do is we request financial statements from individual businesses, and request income and expenses, so that we can kind of figure out what income we could use to capitalize the value," Haltermon Robinson said.

You snoose, you lose. So he is a Tax Cheat or a Fraudster ?