Taken from JRE #2043 w/Francis Foster & Konstantin Kisin from Triggernometry:
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Taken from JRE #2043 w/Francis Foster & Konstantin Kisin from Triggernometry:
Video Source
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8:39 "The only way you're going to avoid jail is to win the Presidency."
Most insane sentence ever.
Mar-Largo is not a resort. It's a golf club!!!
Palm beach county appraisal was 18million. There are restrictions on the property that decrease the value significantly. 18 million is not a fair appraisal but it’s not 1.8 billion
THIS IS HOW TO COURT CORRECTLY ARRIVED AT THE MAR-A-LAGO VALUATION
There was an independent appraisal of Mar-a-lago in evidence done in 2007 at the peak of the market for $113 million. $87 million of this amount was attributed to a conservation easement which Trump was permitted to take as a write-off on his taxes. The remaining value of the property was $26 million. At the time when the alleged fraud occurred, which was 2011-2012, the market had fallen substantially since the appraisal was done. So, a value south of $26 million isn't unreasonable. Take aways: Value as of the date of the fraud is what is relevant (vs. today) and important to deduct the value of the conservation easement in arriving a the value.
The judge didin;t say: hmm it looks like its worth 18mln, he said: Mr. Trump you did disclose for TAX purpopses that this house is worth 18mln (to pay much less taxes), therefore we are using YOUR FIGURES/ESTIMATES to establish that the price is 18mln $. Trump has commited FRAUD.