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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (26064)	7/17/2008 11:37:41 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 149317

Let's see now...if that was Trumps primary residence for 2 out of the last 5 years he just realized a $59 million (less improvements) capital gain... $500k of it TAX FREE! ---------- Russian Billionaire Pays $100 Million for Donald Trump's Oceanfront Palm Beach Mansion foxnews.com PALM BEACH, Florida — The real estate market might be slumping, but not for Donald Trump, who sold a Palm Beach mansion for $100 million to a Russian billionaire, his spokeswoman said Wednesday. "In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," Trump told The Associated Press in a telephone interview. His spokeswoman says $100 million is the most ever paid for an estate in the U.S., though there is no way to verify that claim. Russian fertilizer billionaire Dmitry Rybolovlev purchased the roughly 60,000 square-foot (5,575-square-meter) oceanfront home, which Trump fixed up after buying it for about $41 million in 2004. more