Update and correction: “Zillow has since updated the posting to show that the property is not currently on the market and hasn’t changed hands since 1995 when Trump turned the residence that he originally purchased in 1985 for $2 million into The Mar-a-Lago Club.” So apparently this was fake? Though Zillow hasn’t said how that listing appeared.
Well, well, well! According to British tabloid The Express, online property records show Trump transferred the ownership of Mar-A-Largo to a corporation headed by Junior.
Zillow, which claims to receive “information from the municipal office responsible for recording real estate transactions in your area”, reports the property was sold for $422 million on August 4, 2023.
A quick search of the website SunBiz, however, (shows) that the current owner of Mar A Lago is a company called Mar A Lago, Inc.
The owner of the company, and its registered agent, is Donald Trump Jr., the ex-president’s oldest son.
While Junior has appeared as an agent of record for the corporation for quite a number of years, it’s the appearance of the date of property transfer on Zillow – on August 4, just days before his arrest – that is raising eyebrows.
If true, this is probably legal — but if he’s offloading assets to avoid potential liability, that’s another question entirely. I’m sure some tax lawyers will weigh in.