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  1. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    God it’s cute you try to pass off Pan’s post as your own. <Selugi>
  2. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    Hah. anyway. The tax assessed value for Mar-A-Lago was determined on an income approach. So… yeah. Not fair market value unless that changed from 2020 to 2021. “The tax-roll value assigned to Mar-a-Lago was not figured on what the land and buildings are worth in the traditional sense...
  3. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    My man Pete, I’m not responding to you anymore. I was mistaken before to say you were standing on someone else’s shoulders. Rather you are somewhere far worse.
  4. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    “ ..Judge Engoron relied on: the county tax assessor's appraisal value. "From 2011-2021, the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million," Engoron wrote in his ruling.” source...
  5. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    Again, you’re making assumptions and statements as if I’ve made them. I haven’t. The genesis of the conversation was DA grabbing a low valuation for a headline. Are you the DA, are you offended? The DA compared the values and equated them, if I’m not mistaken.
  6. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    Yes. Again you are assuming I said he didn’t overvalue the property. That was never stated by me. Plus accounting firms aren’t going to take any risk they don’t need to. They knew trump was going to get sued and disclaimed their previous reports as unreliable in order to protect themselves going...
  7. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    Mazars distanced themselves from his financial statements a while ago. https://www.reuters.com/world/us/accounting-firm-says-it-can-no-longer-stand-behind-trump-organization-financial-2022-02-14/
  8. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    “Fair market value (FMV) is the price a product would sell for on the open market assuming that both buyer and seller are reasonably knowledgeable about the asset, are behaving in their own best interests, are free of undue pressure, and are given a reasonable time period for completing the...
  9. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    So everyone is a sucker buying property because they inheritantly pay MORE than the assessed value? Good to know dude: thanks for educating me. Couple thousand suckers a year in Palm Beach alone. Nice.
  10. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    I just gave you a fact pattern in the edited post. A house in the county, listed at a fraction of the sold transaction value in the market place. Not what a tax assessor valued it at. His FS and his tax valuations aren’t going to match. pretty sure we’re at an impasse here where we will never...
  11. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    You sure you don’t want to throw another “fuck” in here and talk down to me? I pulled a recently sold house IN PALM BEACH. Property tax assessed fair market value = $2.8m. It just sold for $6.5m. They aren’t the same thing.
  12. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    Typical attorney. Try to talk over anyone and everyone. They’re different fucking valuation methodologies.
  13. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    They’re different basis’…. This isn’t hard. he may have overvalued the property and committed fraud. The prosecutor still picked a low hanging valuation number out there to further the case. It’s easy to point to, and then rake him over the coals with the headline. Also, don’t curse at me, my...
  14. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    Go write cnn and all those in that article that acknowledge the tax assessed value is not the fair market value. I’m with you, we can get you some national exposure.
  15. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    The GAAP fair market value (presumably what trump was using in a financial statement for bank purposes) would most likely not use a tax assessed fair value. If the tax assessed value is the fair market value you better let the authorities know every property being sold is overvalued in the...
  16. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    It’s a tax assessed value. Are you dense? Oh wait you’re just using someone else’s words and passing it off as you’re own knowledge. How could I forget.
  17. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    Again, that wasn’t my point. The prosecutor used an incorrect value and I pointed it out. Now cnn has an article on it saying just as much because I originally posted a NYpost article and ya’ll dummies came out of the woodwork telling me I was dumb. Good job you played yourself. you’ll have...
  18. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    I never disputed he overvalued it. The prosecutor picked the tax assessed value and compared that to his “made up” fair market value to get the biggest bang for their buck on the headline. They would never match.
  19. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    You gonna regurgitate someone else’s work some more? Go argue with the cnn writer. I’m sure they’d love to hear from you.
  20. Terry Noonan

    Crime Trump found liable for fraud in NY civil case

    He said it had restricted use. I never disputed that. We disagreed that the tax valuation was representative of the fair market value. They aren’t the same thing, cnn author and whoever they cited for their clearly liberal slant agree. Have a good one though.
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