@raphjd said in USSA watch: Mar a Lago worth $300 million plus; judge lies & calls it $18 million as threat to Biden's opposition leader:
$18 Million is a townhouse in some areas.
$18 Million is a condo in the building in Chicago that Oprah used to live in.
Except that you two dumb-fucks can't seem to understand what I was trying to tell you.
YOU. CAN'T. USE. MAR-A-LAGO. AS. A. MANSION. That would be using it as a single-family residence, a right which Trump contractually gave away in exchange for lower taxes.
Because of the land restrictions, easements, and covenants that Trump put onto the property..... land restrictions, easements, and covenants that will be binding on any purchaser of the property from Trump..... the property, and this is the most important part so I'm going to write it out multiple times for you:
It can only be used for the existing social club.
It can only be used for the existing social club.
It can only be used for the existing social club.
That means, of the entire world of potential purchasers, you have to find someone who simultaneously has the money and desire to purchase the property AND the money and desire to run the property as a social club. That severely limits its marketability and narrows the scope of purchasers.
It's why churches, though grand they be, have much lower FMVs when they've been zoned exclusively for use as a church.
Wow, are you two stupid or what!!