Miscellaneous And Off Topic Subjects

[Whitley]

$1.5 billion is absurd but so is $18 million. Again I ask...who was harmed by this?

Why is a property assessment done by a professional assessor absurd?

[THE_WIZARD_]

Property assessments are never an accurate reflection of market value. That's why.

[Hannibal]

Re: Trump

We’re a Banana Republic now. Get used to it. These are the new rules of the game. The Rule of Law no longer exists.

[THE_WIZARD_]

EFZ

[iam416]

The NY stuff is absolutely banana republic.

[THE_WIZARD_]

EFZ to the EFZ

[Dr. Strangelove]

Meanwhile Trump’s campaign officially claiming that the RNC are accomplices to the Democrats “theft of the election” unless they cancel all debates immediately and presumably all candidates but Trump immediately drop out.

[Dr. Strangelove]

Gaetz has enough votes that McCarthy needs Dem help. Who blinks?

[Whitley]

Property assessments are never an accurate reflection of market value. That's why.

Spoken like a person that doesn't understand how assessments work

[THE_WIZARD_]

Well I'm not an assessor but I did stay at a Holiday Inn Express last night.

Yeah I do know how assessments work...assessed value is the home's value come tax time while fair market value is the cost to buy a home in that area. They are not the same thing. When you apply for bank loans and use property as collateral they ask you to list the value of this asset. That is what the Trump Corporation did. It is then up to the financial institution to verify that information. You can claim your shack is worth a billion dollars if you want...but that doesn't mean the financial institution is going to use that figure. Again no party was hurt by the alleged "fraud". This type of personal assessment of one's assets is not uncommon. For example Witless...your gay bondage equipment may have only cost you 10k but you think it's worth more so you list that on your assets for a bank loan on your gay pride retail store...it's up to your bank whether they want to accept that valuation or not...it's their money at risk...

Hope this helps. Your Pal always,

THE_WIZARD_

[Mike]

The property assessment I receive for my house from the township each year is about 1/3 of what I could sell it for.

[THE_WIZARD_]

Obviously you don't know how assessments work.

[iam416]

BTW, I should note that the fact that NY is doing some real banana republic shit right now in no way means that DJT isn't a starking-raving made lunatic. Both can be true. And are.

[Tom W]

Obviously you don't know how assessments work.

That's because the assessment of rooms at the Holiday Inn Express in Lincoln were obscene this past weekend.

[Dr. Strangelove]

The property assessment I receive for my house from the township each year is about 1/3 of what I could sell it for.

Just this very morning Trump claims that Mar a Lago is worth between 50 to 100 times what the tax assessor says. So between $1B and $2B. 5 to 10 times what the most expensive private home in American history went for. And Mar a Lago ain't a private home. It's a historical landmark and social club that carries enormous restrictions governing what you can do with the property.

Obviously he can bloviate any figure he wants in public. Putting it down on paper and accepting liability for deceit is different.