“I met with the director of finance, as well as the director of development for all of the Trump Organization.
“At the property?” asked the magistrate, seeming intrigued. “Before I dive into the package, I do want to just note I met with representatives at the property,” she said. Alongside her sat two representatives from the Miami-Dade County Appraiser’s Office, which had assessed the president’s golf resort at a value that the Trump Organization claimed was too high.
To put it simply: As President Trump has bragged about leveraging his business acumen to financially steward the country, he has managed to lose an estimated $100 million on just two hotels that look like cash cows, but in reality, seem to be money pits.ĪBOUT A YEAR after Donald Trump won his first election, in December 2017, his local tax specialist, Jessica Vachiratevanurak, walked into a drab government building in Miami and took a place at an L-shaped table.