Donald Trump's Florida Real Estate Jumped $155 Million In Value During The Pandemic | Forbes
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- Опубликовано: 27 окт 2021
- The pandemic has been tough on Donald Trump. The former president famously dismissed Covid-19 in its early days, then watched his approval ratings crater as the virus spread to millions of people, including himself. His business caught the bug, too. Trump’s hotels shut down, his office buildings emptied out, and much of his residential real estate-concentrated in big cities like Chicago and New York-plunged in value.
Fortunately for the real estate tycoon, he had an oasis. Set off the eastern coast of Florida, the town of Palm Beach has long provided respite for the nation’s richest people. Many of them, Trump included, flocked there during the pandemic. The former president’s properties on the Florida island have jumped an estimated $155 million in value during the pandemic.
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Real estate is up? Who would have guessed?
I’m sure when it comes to property taxes he says it’s only worth 1.5 million 😂😂😂
Ironically we are finding out the opposite actually
Right. Somewhere around 18-27 million...but why are these people acting like that property doesn;t have deed restrictions...and those restrictions aren;t going to magically go away or becasue of a pandemic. LOL. They KEEP trying to over inflate what that place is worth and it;s pathetic!
Great! I wonder if he will contest the value to keep from paying property taxes.
it's worth $155 million but come property tax $1 million
So its worth more then 18million.
much more
It looks great Mr. President and happy Presidents’ Day
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it's Trumps private home .L James better not set foot on it or he should fine her for trespassing on private land .
So.. everyones house went up lmfao. My 250k house I bought 20 years ago now goes for 800k+
Yes the judge just fined him over 300 million claiming it was only worth 18 😂
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Mar A Largo has a interesting history. I did not know it was so old
Actually 500 to to one billion dollars...a one aker peace of property with a house is 250 million...
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Just imagine him as child.
You don't have to.
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Whoop-dee-doo. He's still billions of dollars in debt.
Yep bought Maralago 30 years ago for 20 million and it's worth atleast 400 million now. Along with his numerous other properties that have been in his family for 50 plus years. His properties combined probably have a billion in equity. If he's so in debt why isn't he losing properties?
be careful L James has come out and said she will be after home owners next .she watching everyone of you .I would live in another state .away from Engoron and James or as she just said she will take your home .but fine you first .
That great news, he going to need to sell it to pay his lawyers.
To be honest, I am just surprised how humanity is still alive.
300 million? Yea in a FANTASY world. No one could help you get ANY of the truth about Marolago? That property has deed restrictions on it and there is no way it;s worth anywhere near to 300 million. he zoned it as a social club. If it were a residence and he could develop that land....it would be worth far more but that is NOT the case.
Finally some good news!
Is that what he told the bank, cuz he wouldn't tell that to the Tax Man. He'd say it dropped $200 million in value!
then when time to file taxes he apreases way lower
Does anyone know how much he paid for it originally?
I heard $10 million in 1985
10 million
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Trumpet will say it’s worth $3M on his tax return 🤣
Trumpet? What are you four years old?
$1 million
Too bad he's still a billion dollars in debt, but good luck to him.
Yea…you have zero clue how finance works
@@qlabot3901 actually I do, when your in debt you have to pay it back so....I would check my answer next time before responding.
@@Epiic22 if he dont pay it what will happen ?
@@fofofofo3076 he can go to jail, he doesn't have immunity to not pay off his debt.
Bisen owes 500k+ in back taxes I dont hear yall complaining about that or the 100s of things that are running the country into the ground.. o but orange man bad so its OK right?
I wonder if these figures are for tax fraud. or for bank fraud.
wild guess both
Good for him.
The best president ever
So what?
This is Forbes. The whole point of this channel is to discuss wealth.
@@UnknownUser-ej8tk even then this isn't noteworthy except the businessman in question is everyone's favorite jerko.