Talk about an accounting error: According to documents filed by a real estate appraiser hired by Trump’s Mar-a-Lago supper club in Florida in 2020, Donald Trump’s official valuation of the facility was $27 million at the time, significantly less than the $1.8 billion touted by Trump and his spawn this week.
CBS News reports that a Palm Beach County assessor put the value of Mar-a-Lago at $18- and $27 million in estimates through 2021; that became the basis used by the New York State judge overseeing his state civil financial fraud case to determine Trump overvalued the property, a figure Trump mocked… but a value statement signed by the Trump-hired appraiser concurred with the range in 2020, while Trump was in the White House, after first filing a challenge.
The challenge is interesting because in White House financial statements from 2017 to 2020, Trump listed the value of the property at “over $50,000,000,” putting Trump’s financial statement at odds with tax documents Trump knew valued the property less.