But a later report by The Express mentions that the former president might have not really "sold" the property, but simply transferred its ownership to an organization owned by his son Donald Trump Jr.
Getting his affairs in order, I see.
this post was submitted on 25 Aug 2023
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To me it seems more like trying to hide his assets.
I’m wondering if hiding assets is still a thing, when wealthy people have so many legal ways to circumvent taxation. The world is full of tax havens.
That's an accounting trick as old as time, can't be taxed or penalized on stuff that isn't yours. Besides, he has a long history of hiding assets, it's kind of his thing.
True still let's not forget it's trump and he would do something like that.
It's Florida, doesn't the homestead thing criminals from losing their homes?
He's trying to avoid government seizure.
No doubt it is an asset used for, and acquired by proceeds from, criminal activity.
This is the best summary I could come up with:
Donald Trump has reportedly sold his signature Mar-a-Lago luxury residence in Florida, according to a Zillow listing which said the resort was purchased on August 4—weeks before the former president voluntarily turned himself in at Fulton County jail in Georgia, where he was booked on 13 felony counts.
But a later report by The Express mentions that the former president might have not really "sold" the property, but simply transferred its ownership to an organization owned by his son Donald Trump Jr.
The listing, which is still available on Zillow's website, shows that a 5,061-square-foot residence at 1100 S Ocean Boulevard in Palm Beach, Florida, was sold on Friday, August 4 for $422,000,000.
While the home is not listed by Zillow as "Mar-a-Lago," the address corresponds to that of Trump's Palm Beach residence, and so does its size, roughly.
The listing also mentioned that the last time that the property was sold was on April 6, 1995—the exact same date when the former president turned the residence, which he purchased in 1985, into The Mar-a-Lago Club.
While Trump might have technically sold Mar-a-Lago, his family still has a private residence on the property grounds.
The original article contains 263 words, the summary contains 194 words. Saved 26%. I'm a bot and I'm open source!
Here’s a shorter summary:
Donald Trump sold his Florida Mar-a-Lago residence on August 4, but there's speculation he transferred ownership to his son. The property was listed for $422 million and is now owned by a company linked to his eldest son. This sale timing has raised questions. Trump faces legal issues related to the 2020 election but remains popular among Republicans in polls.
Here's a shorter summary -
They cunts are shifty as fuck
Shorter: found out
Not much of a summary if you ask me. Might as well read the entire article.
Maybe you’re just used to the usual articles where the whole story is based on a tweet (X post?) and thus the content is already contained in the headline.
I’m not at all against long articles, I read plenty. I’m just saying imo this isn’t a precise enough summary.
I keep saying this bot is not something to be relied on, but we're in a minority.
Haha yeah, I get the same feeling. You definitely shouldn’t rely on it, but at least the bot isn’t trying to click bait you by intentionally hinting at something more exciting than actually happened.
The headline here makes it sound like he’s sold it off entirely, that it‘s most likely just a paper shuffling is lost. But if you want to summarize the actual content, most people who didn’t bother reading the article won’t read a second, potentially worse, article if it’s 75% of the first one. Make it one concise paragraph and people might actually find out a bit more detail.
Sold to a mysterious Mr. Tonald Drump, whom we have been unable to reach for comment.