The Soapbox

DanTheFan

Joined: 08/13/1998 Posts: 21277
Likes: 14831


It is a commercial property that can only be used as social club.


Engoron: "In exchange for executing the 2002 Deed, in which he gave away, in perpetuity, the right to develop or use the property as a single-family residence, Donald Trump paid significantly lower property taxes on Mar-a-Lago."

Trump Comptroller Jeff McConney knew "that the entire basis of the valuations of Mar-a-Lago rested on the premise that it could be sold as a private residence to an individual. Each and every year, he valued Mar-a-Lago as if it could be sold as a single-family residence, notwithstanding the deeded prohibitions against such use in perpetuity."

(In response to this post by Los Angeles Hoo)

Posted: 03/24/2024 at 09:28AM



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Current Thread:
  Cant read your own graphic i guess ** -- HokieJamie 03/24/2024 08:52AM
  CNN doesn’t value properties, idiot ** -- 111Balz 03/24/2024 08:29AM
  The only people valuing at $18M market are the… -- Los Angeles Hoo 03/23/2024 11:06PM
  The judge never made that valuation. -- DanTheFan 03/24/2024 08:28AM
  A value for tax assessment is not the same thing as… -- Los Angeles Hoo 03/24/2024 09:03AM
  Yes, and deed restrictions can be changed. The market value… -- Los Angeles Hoo 03/24/2024 09:36AM
  Anything can be reversed. That aside, it has… -- Los Angeles Hoo 03/24/2024 11:18AM
  NY Executive Law § 63(12) -- DanTheFan 03/24/2024 12:09PM
  If I tell a bank I think my house is worth… -- Los Angeles Hoo 03/24/2024 1:37PM
  Wait…you’re a Formula 1 fan? ** -- JMHoo 03/23/2024 11:19PM

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