Replies to post #39054 on Trump Media and Tech Group (NO Politics Allowed) (DJT)

[satter]

That is all incorrect. Regardless of any deed or dwelling type, Mar-A-Lago is worth more than $18M, and has in excess of $100,000,000 million in annual revenue,

That far exceeds $18M.

Facts Matter. Untruths don't count in the real world.

According to financial disclosure forms filed by Trump, the Mar-a-Lago Club had $29.7 million in gross revenues in the period June 2015 through May 2016. The club had revenues of $25.1 million for calendar year 2017, $22 million in 2018, and $21.4 million in 2019

In evaluating the property, Palm Beach County officials account for Mar-a-Lago’s being a deed-restricted private club. Unlike a private home, the property’s value is determined by the amount of income it generates as a club.


Mar-a-Lago’s county appraisal takes into account the deed restriction
Mar-a-Lago is not valued by the county as if it were a luxury home because it is a private club. Trump in 1995 signed a deed of conservation and preservation easement, which means he ceded the right to use the property for anything other than a social club.

The AG and the Court took the appraiser's value who valued it properly according to it being a Social Club & based on its annual revenue, the real annual revenue according to the financial records, Trump’s.

Trump now wants to claim otherwise he owes a sh*t load of back taxes. Too late for the Fraudster.

End of story.