- Jan 12, 2005
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Trump claims a net worth in excess of $10 billion. Forbes figured it was $4.1 billion. And now Bloomberg computes it at only $2.9 billion. Still a nice chunk of change, but the guy is pathological.
Trump claims a net worth in excess of $10 billion. Forbes figured it was $4.1 billion. And now Bloomberg computes it at only $2.9 billion. Still a nice chunk of change, but the guy is pathological.
So, he is a blowhard chicken hawk that does not reveal the truth - he is the perfect conservative.
i hope he spends a good portion of it on a failed attempt for presidency.
And that the states start charging him property taxes at the value that Trump listed.
WAT?
The owner does not determine the value; the local government does.
I'll clarify. I don't care if Trumps worth one, two and a half, five, eight or ten billion.
His tax documents should be interesting because he inflates his value so I'll guess his true tax rate will be under 15%. I'll bet Trump simply owns it which is what Romney should have done. The real question will be how does everyone react to his proposal to let wall street guys run the economy once the tax rates are out of the bag.
Yet another thread about Trump.
You mean the quintessential Republican and frontrunner in a pack of clowns? Cream rises to the top.
i hope he spends a good portion of it on a failed attempt for presidency.
And that the states start charging him property taxes at the value that Trump listed.
You mean the quintessential Republican and frontrunner in a pack of clowns? Cream rises to the top.
That has you and people of like minds slobbering all over themselves.
Trump = Thorazine
The Bloomberg index values the real estate based on income it currently produces. Trump’s retail spaces could fetch higher rents if vacated and leased to new tenants at prevailing rates. It doesn’t value Trump’s brand beyond accounting for cash held in accounts for his licensing deals and business partnerships. Trump’s own estimations include much higher values for his brand.
The analysis included a review of the personal financial disclosure Trump verified, signed and filed that was made public by the Federal Election Commission. The document provides top-line information on cash, marketable securities and airplanes, offering further clarity on assets.
The federal disclosure doesn’t require Trump to list real estate that’s only for his own use, nor other personal property such as art or clothing.
There may be additional assets that the analysis doesn’t include. The federal disclosure lists 11 entities without values or incomes, and those aren’t included in the calculation.
So...uh...did anyone read the article or did everyone just start frothing at the mouth based on the thread title and commentary?
Is it common to value real estate only on the income value and not the current market value?
So there are a number of areas that this valuation does not take into account because they don't know the value of the assets\entities. I mean I am no fan of Trump but to say he is lying because a valuation that specifically admits it doesn't have the entire picture turns out to be below what he says he has is a bit of a stretch
So...uh...did anyone read the article or did everyone just start frothing at the mouth based on the thread title and commentary?
Is it common to value real estate only on the income value and not the current market value?
So there are a number of areas that this valuation does not take into account because they don't know the value of the assets\entities. I mean I am no fan of Trump but to say he is lying because a valuation that specifically admits it doesn't have the entire picture turns out to be below what he says he has is a bit of a stretch