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Birdwatch Note Rating

2024-03-23 22:15:53 UTC - HELPFUL

Rated by Participant: 216201C464D9E81743690EF3B358FBFDD9A2A3FFEE6520415CCCE508956D793D
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Original Note:

Florida has a tax assessment annual increase cap of 3% https://www.dmcopelandlaw.com/how-do-property-tax-caps-work-in-florida/ Mar a Lago sold in 1985 for an estimated 10 million https://www.nationalworld.com/news/politics/donald-trump-mar-a-lago-federal-court-fbi-white-house-4182226 With the base investment of 10 mil and 3% increase for 35 years you get an output of 28 mil There is a difference between tax assessed value and market value https://www.forbes.com/advisor/mortgages/assessed-value-vs-market-value/

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