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awesomerwb1

(4,268 posts)

106. He's abut to get billions from the sale

Reply to MineralMan (Original post)

Wed Mar 20, 2024, 01:46 PM

Mar 20

of truth social.

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When Trump Has to Sell off Properties, Under Duress, Surprises Will Come [View all] MineralMan Mar 19 OP

Here's a really interesting article on some of his holdings. CrispyQ Mar 19 #1

I'm not surprised, actually. MineralMan Mar 19 #7

Yes, all those dirty little secrets that PatSeg Mar 19 #19

The public humiliation will be something to see. malaise Mar 19 #37

But 'they' will love him even more. He's being persecuted, just like Jesus. erronis Mar 19 #42

"Treated worse than Lincoln." rubbersole Mar 19 #61

Jesus owned high-rise real estate in Manhattan? Wednesdays Mar 19 #63

Some will, wanting to embrace their mythical dreams. Eyeball_Kid Mar 19 #65

And then there is leverage Maeve Mar 19 #2

Between taxes and loans most will be sold for loss.. JT45242 Mar 19 #59

I don't know, trump probably has 2 million in equity in trump tower, since the last time he mortgaged it. Omnipresent Mar 20 #102

I think you are correct. Happy Hoosier Mar 19 #3

Can we nominate people for literary awards and/or poetic genius? Attilatheblond Mar 19 #10

That pretty much sums up everything about Trump PatSeg Mar 19 #21

Stench enid602 Mar 19 #78

Ha, ha, ha!!! PatSeg Mar 19 #80

Gilded Emptiness alterfurz Mar 20 #88

"Gilded Emptiness" PatSeg Mar 20 #89

Why you're wrong. Anal Fistula would not hesitate to repair the properties. 3Hotdogs Mar 19 #58

Pootie probably picked up that tab... rubbersole Mar 19 #64

Clever! 70sEraVet Mar 20 #83

It will be very interesting. We know that the properties have been grossly overvalued, Ocelot II Mar 19 #4

One Example I Recall ProfessorGAC Mar 19 #48

Know the story well MissLilyBart Mar 19 #62

I Had The Numbers Wrong ProfessorGAC Mar 19 #71

Hopefully he used the same method on MaraLago. LiberalFighter Mar 19 #5

No doubt he did. Aside from the portions of it he occupies, MineralMan Mar 19 #6

Just a reminder: Trump Plaza Hotel and Casino was ruled a hazard, and demolished. eppur_se_muova Mar 19 #8

True. MineralMan Mar 19 #11

He had not owned it for 5 years when it was torn down. MichMan Mar 19 #12

takes longer than 5 years for a casino building to deteriorate. Started under his watch. ZonkerHarris Mar 19 #27

How in god's name do you bankrupt a casino? Ray Bruns Mar 20 #92

There are quite a few that have declared bankruptcy MichMan Mar 20 #98

Sure would be nice if that high-rise on the beautiful Chicago riverfront were stripped of his name Blue Owl Mar 19 #9

Yes, it sure would. A few years ago, maybe 2018, we did an architechtural... 3catwoman3 Mar 19 #72

Shout out for the architectural river cruise in Chicago. I've done it twice. You will learn a lot. OMGWTF Mar 20 #99

"behind painted facades" is the tfg business model prodigitalson Mar 19 #13

Yup. In all things. MineralMan Mar 19 #14

Do bodies poured into the slabs and foundations reduce the value of a building? NBachers Mar 19 #15

Only if they smell. MineralMan Mar 19 #16

I'm waiting for all the Chinese and Saudi nationals to leave like rats on a sinking ship. flying_wahini Mar 19 #17

It won't be pretty---it'll be GORGEOUS. (nt) Paladin Mar 19 #18

I think a lot of people are going to find out Mr.Bill Mar 19 #20

Well, bring it on! calimary Mar 19 #39

As someone else speculated... Shipwack Mar 19 #46

He said Saudis would pay anything...for MAL I believe. Maintenance aside, another potential problem wiggs Mar 19 #22

K&R n/t ms liberty Mar 19 #23

He may have to sell COL Mustard Mar 19 #24

in top form col.! nt et tu Mar 20 #85

Putin will be happy to pay more than something is worth... ECL213 Mar 19 #25

Only if Trump is re-elected, though. MineralMan Mar 19 #30

Putie may have to borrow from the NORKs who need the Chinese to bail them out... erronis Mar 19 #43

So why isn't he? MorbidButterflyTat Mar 19 #69

To see if some other sucker does it first. ECL213 Mar 20 #108

I totally agree, MM. Michael Popok, who for Quakerfriend Mar 19 #26

The problem is in finding a buyer for any property. MineralMan Mar 19 #28

Ug. MorbidButterflyTat Mar 19 #70

He has to be right up to his fanny in MOMFUDSKI Mar 19 #29

Or even over his head, it seems to me. MineralMan Mar 19 #31

I agree. The value of the building Ivana was given in their divorce was far less than stated... Hekate Mar 19 #32

Fair Market Value, what a multigraincracker Mar 19 #33

I will celebrate the day Trump files for bankruptcy, but RipVanWinkle Mar 19 #34

Trump has used bankruptcy many times in the past. MineralMan Mar 19 #49

i think he has 6 business bankruptcies but no personal bankruptcy orleans Mar 19 #57

Good point and moniss Mar 19 #35

TAXES. Don't forget taxes. And mortgages. DinahMoeHum Mar 19 #36

Nothing about his finances will surprise me NanaCat Mar 19 #38

One of the reasons he's on the whine trail right now. Complaining about having to "fire sale" some property. bluesbassman Mar 19 #40

I find this to be 100% believable. ShazzieB Mar 19 #41

There's a certain perfect symmetry to Trump's financial downfall. sop Mar 19 #44

Eventually, stuff comes back on you at the very worst times. MineralMan Mar 19 #50

His only chance of survival is in our hands to deny. mobeau69 Mar 19 #79

The question I have is, to what extent are his real estate assets leveraged? patphil Mar 19 #45

Yeah, none of us know. Trump may not even know. MineralMan Mar 19 #51

And there's one other thing to consider here. patphil Mar 19 #67

i remember when landlords were forced to live in 1 of their buildings that are deathtraps . does that still go on? AllaN01Bear Mar 19 #47

Yeah, I don't think they do that. MineralMan Mar 19 #52

The Super was a movie MichMan Mar 20 #100

Looking forward to this Beachnutt Mar 19 #53

Yup. Put a boot on it and call the tow truck. MineralMan Mar 19 #54

He doesn't even own some of them. He licenses the use of the name, Trump - which is now worth 'Shit'. Joinfortmill Mar 19 #55

Yes, that's true, too. MineralMan Mar 19 #56

i still want to see his tax returns.!! dang nabbit jim!!! AllaN01Bear Mar 19 #60

me too et tu Mar 20 #86

I assume everything will get a legit appraisal. onecaliberal Mar 19 #66

I don't think he's going to sell them off Warpy Mar 19 #68

Um............ MorbidButterflyTat Mar 19 #73

Lol! MineralMan Mar 19 #75

"...When he is forced to liquidate asses..." generalbetrayus Mar 20 #95

It sounds like Danascot Mar 19 #74

Like: who really owns all that stuff, that TFG is a cover for Russian gangsters? marble falls Mar 19 #76

take that n.j. golf course and check ivana's coffin for ivana nt orleans Mar 19 #77

so when someone puts their foot through the rotted drywall and a pile of roaches and bedbugs falls out... Takket Mar 19 #81

Will Bankruptcy Be the Thing that Finally Brings the Trump Monster Down??? panfluteman Mar 20 #82

Spy Magazine toured the public areas of Trump Tower nuxvomica Mar 20 #84

'everything he touches dies' nt et tu Mar 20 #87

He's put his name on lots of stuff he doesn't really own IronLionZion Mar 20 #90

Like secret documents belonging to the government? Wicked Blue Mar 20 #91

Red tag every one of his boilers in his NY buildings. Hotler Mar 20 #93

no matter what it's technically 'worth' ShepKat Mar 20 #94

We will find out he is not a billionaire at all RainCaster Mar 20 #96

Trump won't be selling any properties to make his bond. republianmushroom Mar 20 #97

I think we'll have to wait to find out. atreides1 Mar 20 #101

Is it a possibility that some of the people he is relying on to bail him out.... ColinC Mar 20 #103

You don't understand how this works brooklynite Mar 20 #104

You are absolutely right! Groundhawg Mar 20 #105

He's abut to get billions from the sale awesomerwb1 Mar 20 #106

That's ghost money. MineralMan Mar 20 #107