EPISODE · Jan 19, 2024 · 53 MIN
Episode 3: Trump Civil Fraud Case, Expert Property Valuation Analysis
from The Institute of Higher Earning · host T.J. Kosen and The Sicilian Brothers
Donald Trump is being sued by New York Attorney General Letitia James for $370 million in fines and to bar Trump from the New York real estate industry. The case is based on the valuation of Mar A Lago, a golf resort in one of the most exclusive parts of south Florida. The Trump Organization values this property at almost a billion dollars. The State of NY is suggesting a much more modest number of $18 million. In this episode we break down some of the peculiar things about this case, from the reasons for a New York State Attorney to bring a civil case against a former president for an investment property on the other side of the country to the outright refusal of the court to accept expert testimony on the valuation of a property like Mar A Lago. Stay tuned all the way to the end where we will pull up some of our own beachfront property and see what kind of values we're working with. If you need more of this type of top tier analysis and guidance for your business, visit REIAF.com and apply to join our exclusive Mastermind. We don't accept all applicants and please NO NEWBIES! You need to have done a deal or two already to get the most out of what we offer. We have plenty of free events and resources to help you get your first deal if you are new, so join the community and follow us on all the socials: TJ Kosen, The Sicilian Brothers, REIAF Mastermind. Links: ZeroHedge Article: https://www.zerohedge.com/political/explaining-18-million-mar-lago-valuation-ny-trump-case-judge Active Comp from Palm Beach Expert: https://listings.moensrealestate.com/idx/details/listing/a294/23-752/965-N-Ocean-Boulevard-Palm-Beach-FL-33480 Gleneagles: https://www.invitedclubs.com/clubs/gleneagles-country-club/host-an-event/tournaments-outings/signature-services House off Gleneagles: https://www.realtor.com/realestateandhomes-detail/1708-Cliffview-Dr_Plano_TX_75093_M71166-06546?from=srp-map Gleneagles Tax Value: https://www.collincad.org/propertysearch?prop=1767332&year=2023
What this episode covers
Donald Trump is being sued by New York Attorney General Letitia James for $370 million in fines and to bar Trump from the New York real estate industry. The case is based on the valuation of Mar A Lago, a golf resort in one of the most exclusive parts of south Florida. The Trump Organization values this property at almost a billion dollars. The State of NY is suggesting a much more modest number of $18 million. In this episode we break down some of the peculiar things about this case, from the reasons for a New York State Attorney to bring a civil case against a former president for an investment property on the other side of the country to the outright refusal of the court to accept expert testimony on the valuation of a property like Mar A Lago. Stay tuned all the way to the end where we will pull up some of our own beachfront property and see what kind of values we're working with. If you need more of this type of top tier analysis and guidance for your business, visit REIAF.com and apply to join our exclusive Mastermind. We don't accept all applicants and please NO NEWBIES! You need to have done a deal or two already to get the most out of what we offer. We have plenty of free events and resources to help you get your first deal if you are new, so join the community and follow us on all the socials: TJ Kosen, The Sicilian Brothers, REIAF Mastermind. Links: ZeroHedge Article: https://www.zerohedge.com/political/explaining-18-million-mar-lago-valuation-ny-trump-case-judge Active Comp from Palm Beach Expert: https://listings.moensrealestate.com/idx/details/listing/a294/23-752/965-N-Ocean-Boulevard-Palm-Beach-FL-33480 Gleneagles: https://www.invitedclubs.com/clubs/gleneagles-country-club/host-an-event/tournaments-outings/signature-services House off Gleneagles: https://www.realtor.com/realestateandhomes-detail/1708-Cliffview-Dr_Plano_TX_75093_M71166-06546?from=srp-map Gleneagles Tax Value: https://www.collincad.org/propertysearch?prop=1767332&year=2023
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Episode 3: Trump Civil Fraud Case, Expert Property Valuation Analysis
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