More trouble for the Orange Jesus

Raz'r

Super Anarchist
64,018
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"A peanut of truth" nothing I said was not true. Here's another truth. For anyone not named Trump tax assessment disputes are settled by a tax commission, not by lawsuit in court. This suit is politically motivated by an AG who made a campaign promise to do it.
Fraud is never pursued? Shirley you jest.
 

shaggy

Super Anarchist
10,234
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Co
it is that final value that will be used by the bank to determine what amount of loan they are willing to make.
No it is not. At least not here. Any loan has an independent appraisal. Good god, if I could only borrow against the county assessed price, that would be bad... It is a game, he played with 100ds of millions.. if not more... Not a 500k house.
 

phillysailor

Super Anarchist
9,706
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What a hoot. Ya got career prosecutors, judges, and legal experts saying Trump Inc has likely broken fraud laws AGAIN, but Doggish and V3 know better.

Even got Trumps auditors saying you can’t trust him, and his CEO pled guilty to other fraud, but these numbskulls are still saying it’s all just a big misunderstanding that the IRS can sort out with some paperwork.
 

Mrleft8

Super Anarchist
28,066
4,360
Suwanee River
Property assessors generally use the "Like value" method of determining the worth of a property. So a 2.5 storey 2400 Sq Ft. garrison colonial with a new 30 year roof and walk in garage 3.5 bath 4 BR Full basement on 3 landscaped acres with town water/sewer is easy to find a "Like value in the same neighborhood. Depending on wear and tear and exact location all 7 of these houses on the market at the same time will be valued w/in a few thousand dollars of each other.
A custom/architect designed split level house with 2,400Sq Ft. Hand laid quarry stone floor, floor to ceiling sliding glass doors, an indoor heated pool, 2.5 BR 1.5Bath, No basement. Detached carport, well/septic system on 10 acres mixed rock ledge/mature hardwood trees. is more difficult. There are no easy comps. So they take the Sq Ft. age, # BR #baths/property size and find something comp. It may be a salt box, or a cape cod, or even a prefab on a slab with vinyl siding.... Add in a few points for "Custom" and deduct some points for detached carport. Punch the numbers in and that's your value.
Unless the architect is someone very well known, or the view is stupendous, the Garrison colonial will be valued higher. But the taxes on the custom home will be higher because of the lot size
 

shaggy

Super Anarchist
10,234
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Around here, properties are re-evaluated every year. The very first thing the bank does when you apply for a securtiy-backed loan is to asses the value of that security. Around here, that means they go to the County Tax Assessor's web site and look up the property valuation that has been set for it. For the average Joe, that's the most the bank will allow for that property. They certainly aren't going to offer you more money because you tell them that it's worth more than that.
Sorry, but no.... Might be different in your state, but no way in hell would you use the 500k ish valuation assessed by the county, on my house. Bank will get an independent appraisal... last one was 600K about 10 ish yrs ago. We live in Denver. So ya. 600 is about 500k low... LOL
 
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Liquid

NFLTG
5,618
1,299
Over there
In Trump's defense, MAL WAS worth 750million until the F.B.I. raid took most of the value away in boxes.

Why is it referred to as a country club?


It's bordered on 2 sides by roads, a bridge, a roundabout and 1 side by puny houses of the unwashed masses. No dock on the only direct water access and you have to cross the road to get to the beach. $750M is just willful RE ignorance...
 

Grrr...

▰▰▰▰▰▰▰▰▰▰ 100%
10,635
2,922
Detroit
Oh, so with Mr. Biden that's a bad thing?
While with your Orange Julius that's an impressive part of his beauty, and his charisma. Not to mention his altruism and generosity. I suppose you are enamored with his Julius' support for orange minority groups worldwide.
While in your opinion another man in orange face is mocking, and humiliating true orange faces. Is it that you think orange face is racist? Or, do you think men and women all over should show their color, and stand up for principal. Orange unite!
You are a real orange blossom. You know, looks like a snowflake, in Florida.

It's cultural appropriation if Biden shows up in orange face.
 

Mark_K

Super Anarchist
"A peanut of truth" nothing I said was not true. Here's another truth. For anyone not named Trump tax assessment disputes are settled by a tax commission, not by lawsuit in court. This suit is politically motivated by an AG who made a campaign promise to do it.
You're wrong about that too. It's not a tax assessment dispute that Trump is facing criminal charges for in a separate proceeding, it's lying on his tax forms.
 

Chris in Santa Cruz CA

Super Anarchist
6,889
1,658
earths surface
Why is it referred to as a country club?


It's bordered on 2 sides by roads, a bridge, a roundabout and 1 side by puny houses of the unwashed masses. No dock on the only direct water access and you have to cross the road to get to the beach. $750M is just willful RE ignorance...
Some kind of tax dodge or how he was able to get certain things permitted, I don't know the exact mechanics. I just know the city its in is pissed he is using it as a residence as he signed docs promising he would only spend limited nights there as a member.
 

Rasputin22

Rasputin22
14,576
4,103
We can always count on you for the deflection attempt.

In fact, that's about all you can do.
1663960052785.png
 

Raz'r

Super Anarchist
64,018
6,396
De Nile
Just struck me, but I wouldn't be surprised if the reason Trump buried his first wife at the golf course so he could claim it's a cemetery and dodge property taxes.
Yep, there's a lot of discussion of that being the exact reason. IIRC, he needs to bury a few more people there for it to actually work.
 


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