Collect more than 400 million USD a year, Mr. Trump still borrowed home mortgages

President Donald Trump's latest financial report shows that he has at least 434 million USD in revenue in 2018 ... President Donald T...


President Donald Trump's latest financial report shows that he has at least 434 million USD in revenue in 2018 ...

President Donald Trump's latest financial report shows that he has at least $ 434 million in revenue in 2018, but his revenue from Florida's Mar-a-Lago luxury resort drops.

The CNBC news agency said the report published on Thursday is an annual document submitted to the US Government Ethics Agency (GEO). This report reflects partly the financial situation of Mr. Trump last year, the second year he was the head of the White House.

According to the data presented in the report, Mr. Trump has at least $ 434 million in revenue from all sources, including many business activities such as hotels, golf courses, books ...

This revenue dropped slightly from at least 452 million USD that he reported in 2017. Some of the data in the report was made according to estimates, so it is impossible to determine the exact amount that the US President earned each specific source.

Trump stated in the report that in the past year, he borrowed a mortgage mortgage ranging from US $ 5-25 million, a 30-year term, an interest rate of 4.5% a year from Professional Bank, a bank. small in Florida. This loan is used to buy a house that is located at 1125 South Ocean, not far from Mar-a-Lago.

According to Reuters news agency, the mansion is currently being rented on a real estate website, with a rent of about $ 81,000 / month.

Reuters led information from Florida's public database to show that the mansion was bought by Mr. Trump for $ 18.5 million in May 2018, from one of his sisters. The amount of money he borrowed to buy this property was 11.2 million USD.

The report shows that Mr. Trump earned $ 22.69 million from Mar-a-Lago in 2018, down $ 3 million from 2017.

However, revenue from his Doral golf resort, also in Florida, reached $ 75.96 million, an increase of about $ 1.4 million.

Revenue from the golf resort in Bedminster, New Jersey state, increased by about half a million dollars, reaching 15.73 million.

The hotel at Old Post Office in Washington earned Mr. Trump a $ 40.84 million revenue in 2018, up nearly half a million dollars from 2017.

The report also showed that Mr. Trump sold a property in the Dominican Republic for $ 1-5 million in January 2018.
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High Tech Brain: Collect more than 400 million USD a year, Mr. Trump still borrowed home mortgages
Collect more than 400 million USD a year, Mr. Trump still borrowed home mortgages
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