Birdwatch Note Rating
2023-10-06 20:51:51 UTC - HELPFUL
Rated by Participant: 6FCC87CA8057EA52E49787AC9BB44A173850FADF7F796020BD3C1FD9E80220F0
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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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