Posted on 06/25/2017 11:32:13 PM PDT by 2ndDivisionVet
Amid the gilded tower blocks, luxury hotels and high-end golf clubs of Donald Trump’s vast global property portfolio is a much smaller holding that looks more than a little out of place.
It’s a quarter-acre lot of overgrown woodland in one of Florida’s poorest counties that the US president has owned and paid property taxes on since 2005 – having bought it for $1 from a woman who owned a photographic studio specialising in adult lingerie shoots.
The plot brings in no income, has no roads, pavement or immediate prospect for development, and provides an environment that is friendly only to the swarms of mosquitoes that thrive in the humidity of the scorching Florida summer.
Trump’s interest in such a tiny and inaccessible plot of land in Sebring, 120 miles from the garish surroundings of his coastal Mar-a-Lago palace in Palm Beach, is a mystery to those familiar with the area.
“Your guess is as good as mine,” said Raymond MacIntyre, property appraiser for Highlands County, a region of central Florida popular with retirees and prime growing territory for the orange groves of the state’s struggling citrus industry.
“Like so many of these plots of land in our county, you need a Jeep, a helicopter or a parachute just to get to it.....
(Excerpt) Read more at amp.theguardian.com ...
And we still can’t seem to find obama’s real social security number, college application or college transcripts.
$1 payment as consideration in order to make the transaction a legal purchase. 2005. Photographer specializing in lingerie photoshoots, which isn’t shady or titillating, it’s a legitimate business. Very specialized skill, for both photographer and models. I’ve hired them both before myself, although in NYC not south Florida.
It’s clear to me that she owed the Trump org money, and this was payment. I wonder if she was unable to pay Melania, myself, and this made good upon it. They married somewhere along about that time if I’m not mistaken.
I telemarketed for Glamour Shots, which does such photography, back in the 90’s as a third job.
Just last week here in Spain an entire chain of banks was sold for 1 Euro. Such sales are common worldwide. What they don’t mention was the 750 million Euros in assumed debt that came along with that 1 Euro sale price. Probably the same deal with Trump, 1 dollar for the land then whatever property taxes were due on it.
There are commercial studios specializing in product marketing photo shoots for lingerie manufacturers. Good lingerie models command top dollar, the camera can be cruel so they’ve got to be in excellent shape, and it’s a tough life practically living in a gym.
Good news: Newsweek sold — for a dollar
http://hotair.com/archives/2010/08/02/good-news-newsweek-sold-for-a-dollar/
Property taxes would be minimal even if overdue, but taking on an undeveloped lot with encumbrances on top of that as payment in kind doesn’t sound like good business, so I suspect the $1 and the land was all that changed hands at that time.
And then you go to spray some whipped cream on something and BLAM, it’s over...
Tbe game is called Monopoly and sometimes you take the electric company because you are owed.
It may have an inherent subsurface water right that balances the equation for a larger allowance somewhere else. Say for example you want to build a 200 room hotel in an area that’s trying to lower usage to mitigate salt water intrusion but the readily available allotment is only good for 190 and other holders want a ton of dough for some of theirs. You buy a parcel in the same basin/aquifer and then just give it to the water authority to lock up that potential use and they allow you the additional 10 rooms.
Even if you weren’t doing that at the time, it would make squiring the parcel for a buck and back taxes a no brainer.
Florida’s got water, water everywhere. Very unlike the west.
ROFL!!! You’re ####ing great with the one liners :)
Who the #### cares why he bought it?
Inside the mysterious lot of land Donald Trump owns in Florida’s swamplands....
If these mother ####ers keep it up THEY’RE gonna end up deep inside a mysterious lot of swamplands.
Yep.
When I was fat, Levi’s paid a sizable amount of money to model their jeans...
I think they called them “Levi’s 1002 Blues”...
If the msm looked up obama’s a$$ like they looked up Trump’s barry soetoro would never have been elected POTUS.
Drain the swamplands!
Don’t tell anyone, that’s where the Fountain of Youth is.
True!
If Tony Rezko didn’t buy it for him why would anyone care? hh! You’re right... he’s not Chicago rat.
He bought it to sucker in Fake News reporters to keep them away from real business.
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