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DeSantis can’t help but do that weird smile thing. pic.twitter.com/5L4Fo7JYuT
— Matt Fuller (@MEPFuller) September 28, 2023
There’s nothing wrong with arguing your property is overvalued, but it becomes a pretty easy case for fraud if you argue to the tax authorities that it it is significantly under the assessed number, while representing to lenders that it is worth significantly more than the assessed number.Valuing Mar-A-Lago is a difficult proposition. Absolutely unrestricted, it probably is worth $300 - $400 million based on comps in the area. That is particularly true if it could be subdivided.
But it is not unrestricted, and as is I'm not sure it is worth anything. As long as it is limited to use as a social club, which is only bringing in about $20 million a year, it is a massive money loser. Comps in the area are irrelevant due to its restricted use, as well as the factors cat mentioned.
It is worth noting that in 2020 Trump had henchmen argue that the assessment of $26+million was too high in order to reduce his $511K property tax bill.
Anyone who argues against their property tax assessment is a henchman - #blogkaren
That $500 million figure, absurd at the time that the Trump Organization proposed it, suddenly became somewhat reasonable. Real estate experts outside of Palm Beach guessed that the place was worth more than $200 million. Brokers on the island thought it could be worth far more, with the most aggressive estimate coming in at $725 million. When Forbes last valued the property in March, we went with a conservative $350 million. If Trump sold Mar-A-Lago for that amount, he’d reap a 35 times return on his original $10 million investment, making it one of the best deals of his career.
https://www.forbes.com/sites/danalexander/2022/08/09/how-much-has-trump-made-from-mar-a-lago-his-palm-beach-estate-under-siege/?sh=2e8737d35bed
Did a judge really say that Mar-A-Lago is only worth $18 million dollars?
An entity that the Trump's claim produces over $20 million dollars in revenue a year? As I've seen some say, it would mean the estate hasn't even kept up with inflation in terms of value. Let alone considering the surrounding real estate market in that part of the country, the improvements to the property over the years, and the revenue generation component.
Hunter needs to run for Congress.If he can’t negotiate a decent plea deal, he may have to.
That’s actually a good one though
Is it just me or does Will Howard throw the most confident interceptions in college football? He’s had one each game so far (I don’t think this will continue). Each and every interception has been him stepping confidently into his throw and assuredly making the poor decision to attempt said intercepted pass.Brett Favring it is what I’ve said and I stand by it
Anyway here are Will’s 2023 per game stats and projected season numbers based on these per game numbers.
Will Howard
295-451, 3,484 yds, 26 TD, 13 INT
Per game: 23-35, 268 yds, 2 TD, 1 INT
91 rush, 400 yds, 16 TD
Per game: 7 rush, 31 yds, 1.25 TD
They know olds like you eat that crap up, Tom.Young people don’t care about band uniformsSo they're going to quit calling me to donate money for "band uniforms?"
Tom
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Tennant still the bum leg he was last year, ffs. Feel like if he isn't replaced, he'll cost us at least one game.It was a long FG, but he missed one last week in a game we lost by 3.
Bring on the cowboys. Warm up the bus.Yeah I like that chant.
It just doesn’t matter …
Student section on point
