What the judge in the Mar-A-Largo case said..."“Please, press, stop saying that I valued it at $18 million!"

[Remodeling Maidiac]

I have a 30,000 square foot apartment in Trump Tower to sell you.

Your Lego buildings don't count kid

 

[WEATHER53]

How? What did they lose?

They are all into the ethereal social/moral construct.

 

[healthmyths]

You're stupid. The people of the State of New York were defrauded. That's who's suing Donald Trump.

How were the people of New York defrauded? What does the state of Florida have to do with NY?

 

[Lastamender]

No one needs to fabricate anything. Fraud is a real crime.

It wasn't for the 2020 election.

 

[WEATHER53]

To remedy your ignitance from the link...

"That's because local property taxes are higher for properties that are worth more. 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."

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.cbsnews.com/amp/news/trump-mar-a-lago-1-8-billion-own-company-said-it-was-too-high/&ved=2ahUKEwiZvqr1w9qBAxWWOjQIHW8qATcQFnoECBsQAQ&usg=AOvVaw0j57FjrsIz-AWAwiICF_mx

Let's not forget that Trump at one point argued that 26 million was too high of a valuation for tax purposes...then the same year he said was worth 600 million for loan purposes.

40 year career in commercial and residential real estate around DC. Own a weather business also
Your property is assessed by the state and then a set figure is applied to that assessment and that is your annual property taxes. Commercial assessments always a higher factor.
You are a shut in who has no experience nor knowledge in these matters.

 

[WEATHER53]

Banks are required to get their own appraisal, Halfwit.

Incorrect. Not half:Zero

 

[Catsnmeters]

If you did, you apparently didn't understand it.

Agreed.

Will you explain?

 

[WEATHER53]

How were all those harmed? Be very specific.

Theoretical moral harms

 

[Catsnmeters]

40 year career in commercial and residential real estate around DC. Own a weather business also
Your property is assessed by the state and then a set figure is applied to that assessment and that is your annual property taxes. Commercial assessments always a higher factor.
You are a shut in who has no experience nor knowledge in these matters.

But due to restrictions the value is lower.

Didn't you read the link?

 

[Nostra]

I said discrepancies between his valuations for taxes and for loans went to proving fraud, you illiterate Bingo.

He doesn’t set valuations for either, so it is impossible for him to commit fraud, imbecile.

 

[Curried Goats]

How were the people of New York defrauded? What does the state of Florida have to do with NY?

They were defrauded by Trump's use of wildly differing valuations on his properties for taxes and for loan applications. Also just because you own a property in Florida doesn't mean it isn't an asset of a company incorporated in a different State.

 

[WEATHER53]

No fraud if no one was defrauded.

Liberals deny actual outcomes not favorable to their feelings.
No ability to overthrow anything nor install anything else on 1/6. Lib loons say actual ability is irrelevant-the intent was there. Democrat sets off fire alarm to delay voting on continuing resolution for All of USA, loons say vote still occurred so his intent or ability. means nothing

 

[Catsnmeters]

How were all those harmed? Be very specific.

Some people didn't get loans because banks have a certain amount they can loan. When Trump committed fraud by over valuating his property, he made loans for other, more honest applicants, unavailable.

The bank lost money because Trump got a better interest rate based on the false valuations.

Tax payers were derived of government money because Trump undervalued his property.

Also, just to clarify, harm is not relevant and doesn't need to have occurred regardless.

 

[Nostra]

Thanks for posting the same nonsense that you posted before and subsequently didn't reply too.

Again I ask, what does depreciation have to with Trump valuating his property at less then 26 million for tax purposes but 600 million for loan purposes?

Trump doesn’t decide those valuations, Gomer.

 

[Curried Goats]

He doesn’t set valuations for either, so it is impossible for him to commit fraud, imbecile.

He does claim a set value for his assets on loan applications. The point isn't whether the bank did their due diligence on his application, it's about whether those valuations match with those of his tax filings and they don't. Not even close. That's called fraud.

 

[The Duke]

Agreed.

Will you explain?

Nope. Not playing your leftist shitbag game any further.

You've done 3 on the list so far, that's enough.

=================================================

LEFTIST PROG FUCKTARD RULES OF ENGAGEMENT

1. Demand a link or an explanation of the truth they are objecting to.

2. Promptly reject all explanations as right wing lies. Smoke spin deflect.

3. Ignore any facts presented.

3a. Play dumb and keep others wasting their time trying to enlighten you.

4. Ridicule spelling and typos, punctuation.

5. Attack the person as being juvenile, ie: "are you 12 years old", question their education, intelligence, Age.

6. Employ misdirection.

6a. smear people.

6b. attack religion.

6c. attack your rationality.

7. Lie, make false assumptions.

8. Play race/gender card/misogynist card.

9. Play gay/lesbian card.

10. Play the Nazi/Fascist/bigot card.

11. Make up stuff/So you got nothing?

12. Deny constantly.

13. Reword and repeat.

14. Pretending not to understand, playing ignorant/what did I lie about.

15. When losing, resort to personal attacks.

16. Russia.

17. Fox News/Alex Jones/Brietbart/infowars/Stormfront/Gateway/hannity/OAN.

18. You can’t read.

19. Trump Trump Trump Trump Trump Trump.

20. What about...

=========================================
As an aside, feel free to copy this list and use it where it applies against all leftist fuckwads like Catsnmeters, people.

It applies more often than I use it and to many of them.

 

[Nostra]

Some people didn't get loans because banks have a certain amount they can loan. When Trump committed fraud by over valuating his property, he made loans for other, more honest applicants, unavailable.

The bank lost money because Trump got a better interest rate based on the false valuations.

Tax payers were derived of government money because Trump undervalued his property.

Give us some names of those who didn’t get loans, and the names of the banks complaining about the interest rates they gave based upon the appraisals they did, Moron.

 

[Curried Goats]

It wasn't for the 2020 election.

It's always a crime you Bozo. You don't get a Purge like timeout.

 

[Catsnmeters]

Trump doesn’t decide those valuations, Gomer.

Who decides mar Lago was worth 400+ million?

 

[Nostra]

He does claim a set value for his assets on loan applications. The point isn't whether the bank did their due diligence on his application, it's about whether those valuations match with those of his tax filings and they don't. Not even close. That's called fraud.

They don’t need to match.