Trump can pay smaller bond in civil fraud case as judge sets April date for hush money trial

Our friend latched on to this “certified appraiser” line, and has been mking bogus claims about it ever since.

No “certified appraiser” would ever value a property atb2300 times its assed value. But Trump did. He is his own ‘certified appraiser”!

 

Which appraiser was that? We’ll wait.

 

I tried to find his name again. It's in one of the court filings I just couldn't find it again. But im still looking through them.

But in the meantime. Here you go

https://fortune.com/2023/10/09/mar-a-lago-property-worth-donald-trump-fraud-trial/

 

No, the judge, in determining that Mar-a-lago was only worth what the tax assessor said(which isn’t a valuation on the property itself, but rather the business) effectively declared that not using the tax assessor value and using something like market value is fraud. You can pretend that isn’t what it means, but when the claim is he over valued his property by 2300%…. Yeah, the judge effectively declared that tax assessor value(even though in Trumps case it is not based on the value of the property) is the value you must use. The judge effectively rendered all other values worthless and fraud. Market value? Fraud. The other values not tax assessor value? Fraud.

See, there are multiple types of property valuation, and tax assessment is but one, and not necessarily what one would get selling your property. Mar-a-lago is worth more than 27 million. It just is. If you don’t think so, what do you think the MARKET VALUE is?

 

It's Jeff Yass, who is also a major donor to Republican causes. Follow the money trail. I wouldn't be surprised if this is a pump and dump scheme.

 

Kushner's fund along with Mnuchin could pump this meme stock courtesy of The Kingdom. The key is when to dump and we know the insiders. Lots of stock price manipulation was happening in the WH under Trump. He'd target a stock on twitter/tv and the price would go up or down...anyone who knew ahead of time, a call/bid/long/short frenzy to be benefited from. Ross was in that Admin too...

 

Can you point to any similar property to show market value? And don’t use houses in the area. They are not comparable. This property is a private club and must remain a private club in perpetuity.

It has value based on revenues. That’s it, thanks to the restrictions on use.

 

those pesky facts always get the left when dealing with trump it’s crazy. trump not prosecuted nor convicted of fraud, just stop!

 

well if the lefty don found nothing in this tds environment, there’s nothing to be found!

 

good grief don’t show other property? he’s the only property like that there. you guys don’t even consider name recognition. so sad that you guys know this is bs but peddle the bs daily. it’ll be overturned soon and you got the evil one elected, and made him richer with truth social. f’ng brilliant

 

It would appear that this post quoted above displays an inability to disern cogency of response. I can't help with that but would suggest something to improve focus.

Also, you may want to put your head together with Comer Pyle....on second thought...

 

lol spell check on the phone! Lefty DoJ found nothing, you know it and i know it. Turns out kush actually sells something, somehow we’ve never figured out what the Biden’s sell?

i will say i appreciate your insult one slight problem who is Comer? Do you mean Gomer lol As usual you try but always end up looking ignorant!

 

Looks like the cognitive dissonance might be very serious. As a layman, I'd suggest finding a solid reliable news source that is not feeding the cultivated "bias" in one's head and instead also try embracing reality. Pro tip? Reality is a true winner. Comer Pyle's first name is James, JIC

 

You're still hair-splitting. Point is, there are indeed statutes of limitations on civil cases...

"In every state, there are time limits for the filing of lawsuits and other civil actions called "statutes of limitations." New York's civil statutes of limitations laws are largely in line with those of other states. Depending on the type of case or procedure, New York's statutes of limitations generally range from one (1) year to six (6) years. The point at which the clock starts ticking is typically the date of the incident or discovery of a wrong."

New York Consolidated Laws, Civil Practice Law and Rules - CVP § 213. Actions to be commenced within six years:  where not otherwise provided for;  on contract;  on sealed instrument;  on bond or note, and mortgage upon real property;  by state based on misappropriation of public property;  based on mistake;  by corporation against director, officer or stockholder;  based on fraud - last updated January 01, 2021 | https://codes.findlaw.com/ny/civil-practice-law-and-rules/cvp-sect-213.html.

The Stain was committing his fraud right up until 2021, when the investigation was commenced...

 

You know that's BS. Even a place of business has far more to the value than JUST what they make in a year. History, name brand, decor and many other things go into an evaluation, even for a business. Example: The fact that a lot of celebrities have performed there over the years, Presidents have lived there, vacationed there (no, not just Trump fyi), its history of MANY charity events ran by the likes of Red Cross, and many other things would be considered in an evaluation.

Not to mention you're ignoring the fact that an evaluation, even if JUST based on what it makes in a year is going to be valued at far more than just one years worth of profit, which for Mar-a-Lago is about 20 million/year. The base is x2 to x5 the amount of revenue it makes in a year (there is NOTHING saying it can't be more). And you know Mar-a-Lago would more than likely easily sell at the x5 valuation (though you'll probably deny it). 20 x5 is 100 million minimum. Even if you go by the x2 evaluation that is 40 million, far more than Engorans use of an evaluation of 18 million. Of course that x2-x5 is ignoring ALL other factors. Industry comparable's, tangible and intangible assets etc etc. In 2019 Forbes estimated its value at around 350 million iirc. Which is far closer to what Trump's evaluation to banks is than anything Engoran used.

As for the Deed of Conservation and Preservation that is on it, it does not prohibit living on the property if one is an employee (otherwise Trump would not be able to be living there). Which means it can be used as a private domicile for the owner, while also being a private club because the owner would also be considered an employee. One can literally live there and make money year round. In addition, if one were to purchase the property they could get that restriction removed by appealing to a judge who can remove the restriction due to "a change of situation". Really all that the restriction is doing is preventing more buildings being built (though even that is a case by case basis as it would be up to the city council to decide if a new addition was able to be built or not, as evidenced by them allowing Trump to build a helipad there while he was President) and the place being broken up piecemeal and sold in parcels. All in all that "restriction" that you reference is not that big of a deal and when all is considered, might only devalue the property a million or two at most.