The niece of Donald Trump accused the former president's son of lying about how much the Florida resort is worth following a judge's fraud ruling.
In his ruling, Engoron noted that Trump valued the resort between 2011 to 2021 at $347 million to $739 million based on the premise that it was unrestricted property and could be developed for residential use. During this same period, the resort was assessed by Palm Beach County as having a market value based on its restricted use as a social club ranging between $18 million and $27.6 million.
"Here's the question: Are Donald and Eric willing to pay 2,300% more in taxes? If not, I suggest they keep their mouths...Letitia James is listening," she added.In a series of posts on X, Eric Trump dismissed Engoron's ruling and claimed that Mar-a-Lago is actually valued at around $1 billion, making it the"most valuable residential property" in the country.
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