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NewJeffCT

(56,827 posts)
Fri Nov 1, 2019, 05:14 PM Nov 2019

Is Trump moving to Florida for the Homestead Exemption ?

Florida has an unlimited exemption for a primary home. New York has no exemption. So, if Trump makes a $30 million luxury estate his "homestead" in Florida, it's essentially immune to any kind of Federal or NY State asset seizure for Tax or Financial Fraud.

https://www.deedclaim.com/florida/homestead/

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Is Trump moving to Florida for the Homestead Exemption ? (Original Post) NewJeffCT Nov 2019 OP
He has to have a judge declare it a primary home, rather than a business though hlthe2b Nov 2019 #1
Doubtful, asset forfeiture is likely the cause, that and the dewsgirl Nov 2019 #2
trump's constant craving to avoid paying his fair share Miigwech Nov 2019 #3
It's all about him trying to stop NY from getting his tax returns. walkingman Nov 2019 #4

hlthe2b

(101,724 posts)
1. He has to have a judge declare it a primary home, rather than a business though
Fri Nov 1, 2019, 05:19 PM
Nov 2019

and that seems like quite the leap. Not to mention he has to spend a full 1/2 the year plus one day in Florida at this "new" primary residence to qualify. NY is pretty good at nailing wealthy residents trying to "play the game,"

dewsgirl

(14,961 posts)
2. Doubtful, asset forfeiture is likely the cause, that and the
Fri Nov 1, 2019, 05:21 PM
Nov 2019

fact that NY is going all in on on his tax returns. What the hell is in them? Murders, his likely global sex trafficking?

 

Miigwech

(3,741 posts)
3. trump's constant craving to avoid paying his fair share
Fri Nov 1, 2019, 05:27 PM
Nov 2019

... let this too blow up, using the rule of law

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