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re: OT- Apparently Buck Belue is a Liberal
Posted on 10/6/23 at 10:06 am to Dawg4Life47
Posted on 10/6/23 at 10:06 am to Dawg4Life47
quote:
Doesn't really matter what Trump claims it to be, its up the the lender to get the appraisal done and ultimately approve the deal or not.
This lawsuit is stupid because 1) The lender decides and 2) Tax assessments mean dick
Dude, you can't tell a bank that a property is worth $1.5B and then say it's only worth $400M on your taxes. That's illegal as frick.
1
Posted on 10/6/23 at 10:25 pm to mmmmmbeeer
quote:
Dude, you can't tell a bank that a property is worth $1.5B and then say it's only worth $400M on your taxes. That's illegal as frick.
Every homeowner does this. Every house in Atlanta is appraised below market value for tax purposes. The mil rate is the mil rate. The game is to manipulate the appraisals and therefore the assessment in order to ratchet up the taxes at a pace that doesn’t cause a revolt.
Of course, Mar-a-Lago isn’t a home. It’s some kind of club with weird deed restrictions.
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