Subject: Re: Trump's "fraud" in NY
Then what's this

A different property. There's a Trump-owned golf on the other side of the intracoastal. It's not part of Mar-a-Lago. Did you think it was?

My mistake. It has "Guest rooms", but those are for members.

Right. They can't charge for those rooms - it's not allowed to be a hotel. And since there's "only" 33 bathrooms in the residence, it in no way compares to the 1,074-room Boca Raton Hotel.

As I've shown, appraised value /= market value (which is often more).

But not an order of magnitude more. Property appraiser offices in Florida generally aren't aiming for exact market value, and they are often 10-20% below actual market value (cuts down on everyone filing valuation appeals) - but they're typically not appraising things at 1/15th of market.