So on Monday Letitia James can grab Trump's empire? (Poll)

[kyzr]

Seems you are.
The Judge in the case didn't say it's currently worth $18 million. He noted in the decision that $18 million was the tax assessors figure from 2011.
WW

Trump bought MAL in 1981 for $10m. The asking price was $20m.
Since then property values skyrocketed. Engeron is a moron.
An empty lot next to MAL is worth $250,000,000. MAL is 17 acres.

The Real Reason Donald Trump Bought Mar-a-Lago and How Much He Paid

Why did Donald Trump purchase Mar-a-Lago? Here's the reason the president bought the Palm Beach, Florida, estate and how much he paid.

www.cheatsheet.com

 

[kyzr]

So, the red county has assessed Margo-largo to be 18m.
Are they lying?

When in doubt its better to keep quiet and have people think you're a fool, than to post stupidly and remove all doubt.

 

[otto105]

/——/ When you grow up and move out of your parents house, and buy your own home, you’ll learn the difference between assessed vs market value.

Show me any real estate taxing authority that would allow a property to be assessed at 10% of market value.



Idiot

 

[Marener]

Trump bought MAL in 1981 for $10m. The asking price was $20m.
Since then property values skyrocketed. Engeron is a moron.
An empty lot next to MAL is worth $250,000,000. MAL is 17 acres.

The Real Reason Donald Trump Bought Mar-a-Lago and How Much He Paid

Why did Donald Trump purchase Mar-a-Lago? Here's the reason the president bought the Palm Beach, Florida, estate and how much he paid.

www.cheatsheet.com

Property restrictions matter to the value of a property.

 

[Frankeneinstein]

What you see happening here in NY is the inevitable end result of white liberal politics/"socialism" .

Without taxes the confiscation of wealth is its only means of survival.

 

[Dragonlady]

When in doubt its better to keep quiet and have people think you're a fool, than to post stupidly and remove all doubt.

And yet you keep posting that Mar-a-Lago is worth way more than common sense and the facts that have been posted here, would tell you is the correct amount.

 

[otto105]

When in doubt its better to keep quiet and have people think you're a fool, than to post stupidly and remove all doubt.

What's that fuckup.


In fact, Engoron's earlier decision cited a Palm Beach county tax appraisal, which found Mar-a-Lago to be worth between $18 million and $27 million. Because the estate is zoned as a social club, it carries business expenses that make it less valuable on paper than it would be if it were only a private residence.

 

[Cellblock2429]

Show me any real estate taxing authority that would allow a property to be assessed at 10% of market value.



Idiot

/——-/ A house is worth what someone is willing to pay retail, not based on assessment value.
Too many factors are involved.
Idiot

 

[otto105]

/——-/ A house is worth what someone is willing to pay retail, not based on assessment value.
Too many factors are involved.
Idiot

Hilarious idiot


Who feeds you olde man.

 

[Cellblock2429]

Hilarious idiot


Who feeds you olde man.

/——/ You kids have a lot to learn. I can speak for Nassau County NY where I’ve owned two homes and paid property taxes since 1978.
https://app.nassaucountyny.gov › Assessment › ama_survey › index.php

Nassau County, NY​

The County's share of the property tax bill is only 16 cents on the dollar. NassauCounty is only one of two county

 

[otto105]

/——/ You kids have a lot to learn. I can speak for Nassau County NY where I’ve owned two homes and paid property taxes since 1978.
https://app.nassaucountyny.gov › Assessment › ama_survey › index.php

Nassau County, NY​

The County's share of the property tax bill is only 16 cents on the dollar. NassauCounty is only one of two county

You sir, are an idiot.

 

[Cellblock2429]

You sir, are an idiot.

/——/ I maybe an idiot, but that doesn’t change how property is assessed by the tax department:
“Before 2001, Nassau County did not create or use neighborhood distinctions for assessing Class I residential properties. At that point in time, since all such parcels were valued by a 1938 construction cost-based (not a market-based) system for improvements, there was no need for using residential neighborhoods to set assessed values.”Reassessment Methodology | Nassau County, NY - Official Website

 

[Lakhota]

 

[WorldWatcher]

View attachment 921982

She won’t be able to seize MAL Monday. He has until 11:59PM to file since the paperwork is filed electronically.

After that the state can begin to file for a seizure judgement. That will all take some time.

Don’t expect Trumps name to come off the deed for months, maybe a couple of years.

WW

 

[BasicHumanUnit]

Exactly. I say DO IT you lowlife filthy scum Democrats, then watch America punch you in the damn face!!

Meh.
The only bloody noses this century have been conservative snouts.
Look for that trend to continue into the foreseeable future.

 

[Grumblenuts]

/——/ I maybe an idiot, but that doesn’t change how property is assessed by the tax department:
“Before 2001, Nassau County did not create or use neighborhood distinctions for assessing Class I residential properties. At that point in time, since all such parcels were valued by a 1938 construction cost-based (not a market-based) system for improvements, there was no need for using residential neighborhoods to set assessed values.”Reassessment Methodology | Nassau County, NY - Official Website

MAL is not a "Class I residential" property.

 

[kyzr]

Property restrictions matter to the value of a property.

Trump bought MAL in 1981 for $10m. The asking price was $20m.
Since then property values skyrocketed. Engeron is a moron.
An empty lot next to MAL is worth $250,000,000. MAL is 17 acres, duh.

 

[kyzr]

meme

Trump has months to take care of business with the Banana Republic of NY. See post# 534 above.

 

[Marener]

Trump bought MAL in 1981 for $10m. The asking price was $20m.
Since then property values skyrocketed. Engeron is a moron.
An empty lot next to MAL is worth $250,000,000. MAL is 17 acres, duh.

Does the empty lot have significant property restrictions?

 

[kyzr]

What's that fuckup.
In fact, Engoron's earlier decision cited a Palm Beach county tax appraisal, which found Mar-a-Lago to be worth between $18 million and $27 million. Because the estate is zoned as a social club, it carries business expenses that make it less valuable on paper than it would be if it were only a private residence.

1. Zoning can be changed.
2. An empty lot adjacent to MAL is listed at $250,000,000
3. MAL was listed at $20m in 1981, property values skyrocketed since then, duh.