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Trump's Troubles

Discussion in 'Too Hot for Swamp Gas' started by G8trGr8t, Feb 13, 2021.

  1. magnetofsnatch

    magnetofsnatch Rudy Ray Moore’s Idol Premium Member

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    I think it’s funny that you have confidence that their stance now will always be their stance. That property is located in one of the wealthiest zip codes in our country. I don’t think it’s a stretch to say it will be subdivided and sold as residential tracts one day.
     
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  2. Sohogator

    Sohogator GC Hall of Fame

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    It’s been in force for decades. Its future use will be as an underwater park. Today its value is 20M +/-. Sorry this make you sad…
     
  3. magnetofsnatch

    magnetofsnatch Rudy Ray Moore’s Idol Premium Member

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    I would have guessed race would have been brought into this before climate change.
     
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  4. Sohogator

    Sohogator GC Hall of Fame

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    Add guessing to the list of things your not good at..
     
    Last edited: Sep 28, 2023
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  5. ajoseph

    ajoseph Premium Member

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    But in terms of valuing the present value of the real estate, the deed restrictions that run with the land have to be considered. They cannot be ignored. And, didn’t Trump actually represent the Property to have a present value of $750,000,000, which was an unprecedented and unsustainable and unsupported valuation on any level?
     
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  6. gatorchamps960608

    gatorchamps960608 GC Hall of Fame

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    One should immediately wonder what he provided the Saudis with to have this kind of financial relationship.
     
  7. Sohogator

    Sohogator GC Hall of Fame

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    depends on who he’s talking to…

    https://www.meidastouch.com/news/trump-disputed-26m-mar-a-lago-valuation-as-too-high-in-2020
     
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  8. chemgator

    chemgator GC Hall of Fame

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  9. VAg8r1

    VAg8r1 GC Hall of Fame

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  10. surfn1080

    surfn1080 Premium Member

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    The dems here laughing at Mar-A-Largo only being worth 20 million per some judge in NY who by the way, made this judgment without the case going to trial. Just bam slammed her hammer and made it so. This is scary that a judge can do this without any expert witnesses.

    There are much smaller properties close to Mar-A-Largo selling for well over 20 million. Even left-leaning Forbes estimated it over 300 million.

    By the way, the property appraiser's value is never the true market value.

    If you doubt that statement, go look up your property at your county property appraiser's website. Mine is about $250k off.

    Our country is for sure heading into dark times.
     
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  11. Sohogator

    Sohogator GC Hall of Fame

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    Dude this has been painstaking explained to your fellow Trumpaloons upthread. Please read before further embarrassing yourself. I understand you consume most of your news in ALL CAPS communiques from Truth Social. If it helps I can do the same for you here.
     
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  12. ajoseph

    ajoseph Premium Member

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    Facts, an understanding of law, none of that matters to them. Whether the judge erred by entering summary judgment will certainly be for the appellate court to decide, but the comment that “it is scary that a judge can do this” shows a complete lack of understanding of the way our civil justice system works.
     
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  13. surfn1080

    surfn1080 Premium Member

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    If this is normal for such a case, then ill stand by my original comment that this is scary.
    If I understand what is going on, this potentially means Trumps parent company can no longer exist?
    All based on a judge who has no understanding of real estate in the state of Florida.

    Then again it is in NY and the judge has material out there showing her hate for Trump. No one should be shocked.
     
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  14. coleg

    coleg GC Hall of Fame

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    If I understand what is going on, this potentially means Trumps parent company can no longer exist?
    All based on a judge who has no understanding of real estate in the state of Florida.

    Then again it is in NY and the judge has material out there showing her hate for Trump. No one should be shocked.[/QUOTE]

    Maybe the judge had pull with the Property Appraiser AND Trump's company as well. LOL
    " In fact, the judge had cited Palm Beach County Property Appraiser valuations putting the property at between $18 million and $28 million, depending on the year, from 2011 to 2021.
    Trump might think Mar-a-Lago is worth $1.8 billion, but in 2020, his own company said the Palm Beach appraiser was right. That year, the county valued Mar-a-Lago at $27 million." CBS News 9/28.23
     
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  15. ajoseph

    ajoseph Premium Member

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    I’m curious where you get the information for this post. I’m curious whether you know what information and law the judge based the summary judgment ruling on. Did you read the summary judgment motion papers/briefs and supporting material?
     
    Last edited: Sep 29, 2023
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  16. tampajack1

    tampajack1 Premium Member

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  17. AzCatFan

    AzCatFan GC Hall of Fame

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    It's not uncommon for properties to be sold at a higher cost than what the tax appraiser says it is worth. Maybe 10% - 15%, with a high of 25% over the appraised number. That would put MAR maximum value of $35 million based on a $28 million appraisal. Trump valued MAR much, MUCH higher than this on several forms.

    As for the what the Judge is allowed to do, if the evidence is overwhelming, the judge can make a summary judgement. The evidence against Trump is this overwhelming in the NY fraud case. He literally kept two sets of books. One for the banks and one for the government tax collectors. What argument can Trump make to say this was normal, legal, and acceptable?
     
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  18. magnetofsnatch

    magnetofsnatch Rudy Ray Moore’s Idol Premium Member

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    To use your verbiage; Dude what’s a trumpaloon?
     
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  19. tampajack1

    tampajack1 Premium Member

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  20. surfn1080

    surfn1080 Premium Member

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    I did not read the summary judgment. Its why I posted a question?

    Care to share?