Trump has claimed his Florida resort is worth as much as $1.5 billion, but the Palm Beach County property appraiser valued it far lower.
A Democratic House member is asking Palm Beach County, Florida, to tax Donald Trump’s Mar-a-Lago property at the rate the former president claims it is worth amid his ongoing civil fraud trial in New York.
In a letter first provided to NBC News, Rep. Jared Moskowitz, D-Fla., issued the request to Dorothy Jacks, Palm Beach County’s property appraiser.
Moskowitz noted New York Judge Arthur Engoron’s ruling last week saying that Trump repeatedly committed acts of fraud for years. Engoron ruled that Trump lied to banks and insurers by overvaluing and undervaluing his assets while exaggerating his net worth to billions of dollars.
Interesting. I wonder if it was a listing created by someone else to generate controversy or how such a listing was generated. I’ve never used Zillow, do they not do any kind of verification of ownership before posting a listing? If so that seems like a massive opportunity for scammers. I’ll need to do some googling and see if I can find that news story because all I saw was the previous headline claiming it had been sold.
Edit: After some digging my opinion of Zillow is now pretty low. Apparently the report of the sale was filled with major red flags but Zillow still listed it without question. The contact for the sale was listed as Brad Pitt, and the square footage was listed as 6,000 square feet instead of the actual square footage of 62,500. Both of those errors should have been enough to get someone at Zillow to take a much closer look, but apparently the only thing they actually checked was that the address listed on the sale matched.
Yeah, Zillow has a property I own listed as a 4 BR, 3 Bath house, valued at a half a million bucks. There’s no actual structure at all–much less a house!!–on the property! And the property itself is worth about 100k at the most.
I don’t know where they get their info from, but I know for sure they do not verify.