Free Republic

The appraised value of Republican Sen. Kelly Loeffler and her husband’s Atlanta mansion, known as ‘Descante’, dropped suddenly – and mysteriously - by more than $6 million in 2016, saving the couple tens of thousands of dollars in taxes every year since, according to the Daily Beast. Loeffler and her New York Stock Exchange CEO husband, Jeffrey Sprecher, bought the 15,000-square-foot mansion for $10.5 million in 2009, making it the most expensive private home purchase in the city’s history at the time. The property held its value steady for the next seven years, based on appraisals conducted by the Fulton...