how did trump pay for golf course

by Catherine Wunsch 10 min read

The course opened in 2015. Under the agreement, the city paid the course's utility and water bills while collecting no income for the first four years. In the first year of operation, ending in March 2016, the company had $8 million in gross receipts, and the city paid $1 million in water and sewage bills.

Did Donald Trump pay for his own golf course in NYC?

Sorry, New Jersey! Donald Trump might claim the credit for New York City's Ferry Point golf course, built over the remains of a Bronx garbage dump, but in reality, he didn't put in any of his own money. The $127 million that funded the golf course came from New York's taxpayers, according to the New York Times, but they don't see the profits.

Do Donald Trump’s golf courses lose millions a year?

Donald Trump's golf courses lose millions of dollars every year, according to financial documents. Donald Trump's flagship foreign golf resorts posts massive losses every year. He has said they are "not really golf investments" but "development deals."

How many times has Donald Trump golfed?

By this May 25, the president had visited a Trump golf course 266 times, CNN reported. And Sept. 5 marked Trump's 295th visit to one of his golf properties, according to CNN's Jim Sciutto. Sophie Germain has kept track of the president's golfing and its costs at the Trump Golf Count site since his 2017 inauguration.

Is Trump’s golf course in Scotland in financial trouble?

The course has lost money every year since. Company accounts for 2019 — which covered the period before COVID-19 wreaked havoc on many businesses — showed that Trump International Golf Club Scotland Limited, which owns the course, posted an annual loss of $1.5 million.

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Who owns Trump National golf?

The Trump OrganizationTrump National Golf Club, Los Angeles is a public golf club in Rancho Palos Verdes, California with a 7,242-yard (6,622 m) course designed by Pete Dye and Donald J. Trump Signature Design. It is owned by The Trump Organization. Rancho Palos Verdes, California, U.S.

How much is a round of golf at Trump International?

** You are not guaranteed to finish 18 holes with Twilight & Sunset rounds....NYC RESIDENT*Weekdays (Mon - Thurs)Weekends (Fri - Sun) & Holidays18 Holes$162.00$195.00Twilight**$117.00$147.00Sunset**$109.00$120.00Seniors***$104.00N/A15 more rows

What is Trump National Golf Club worth?

In June 2017, Trump disclosed a value of the club at over $50 million, with $9.7 million in personal income in 2016. Daniel Scavino began working at Briar Hall Country Club as a caddie in 1990, while in high school. He was promoted several times, including to general manager of the club after Trump's purchase.

Who owns St Andrews golf course?

Old Course at St AndrewsClub informationLocationSt Andrews, ScotlandEstablished1552 (469 years ago)TypePublicOwned byFife Council12 more rows

How much does it cost to play Trump Palos Verdes?

RIDER FEE: $60 cart fee included in golf rate, a $60 plus city tax rider fee is charged for non-players using a golf cart. JUNIOR: Juniors are 16 and under. Cost is $60 plus city tax. Each junior must play with a fully paying adult.

How much does a round of golf cost at Trump Doral?

The Red and Gold courses cost $250 per round, with the Silver course green fee at $195. Staying at Trump Doral as a hotel guest, however, isn't particularly outrageous. Rates for a Deluxe Room with a king bed in a 343-square-foot room start at $170 per night. A Premier Suite runs about $400 per night.

How much does it cost to join Trump National Pine Hill?

Currently, said Quinn, Trump National – Philadelphia has between 300-325 members, of which just over 250 are full golf members. For now, the initiation remains $10,000, with annual dues of $6,250.

Who owns Palos Verdes Golf club?

The land on which the course is situated is owned by the City of Palos Verdes Estates, and the club is operated under a concession agreement with the city.

How Much does it cost to join Trump National in Charlotte?

$60,000A golf membership at Trump National Golf Club Charlotte costs a one-time fee of $60,000 and dues of $550 a month, according to General Manager Gavin Arsenault. Membership is open to all.

Is St Andrews golf course private or public?

Private clubSt Andrews Golf ClubClub informationLocationLinks House, 13 The Links, St Andrews, Scotland.Established29 September 1843TypePrivate club. Public link coursesOwned bySt Andrews Golf Club Limited12 more rows

Who owns the Dukes golf course?

the Kohler corporationSt Andrews, Fife, Scotland The Duke's Course in St. Andrews is the only heathland course in the area and is considered by many to be one of the finest of its kind in the UK. The property is owned by the Kohler corporation who owns the Old Course Hotel adjacent to the famous course of the same name.

Who owns the hotel at St Andrews?

The Fairmont St Andrews Bay is a 5 star resort hotel situated 2 miles (3.2 km) outside the town of St Andrews in Fife, Scotland....Fairmont St Andrews.Fairmont St Andrews BayLocationSt Andrews, Fife, ScotlandOpening2001OwnerA company led by Great CenturyManagementFairmont Hotels and Resorts8 more rows

How many times did Donald Trump visit the golf course?

By this May 25, the president had visited a Trump golf course 266 times, CNN reported.

How many golf trips did Trump make to Bedminster?

Trump has played golf during 24 of 96 trips to Bedminster since the beginning of his presidency, according to a table maintained by TrumpGolfCount.com. But Kessler questioned the practice of attributing travel costs for the president and his support staff exclusively to golf.

How much did Trump spend on Mar-a-Lago?

Using the same data for a February 2019 report, the Washington Post estimated Trump's trips to Mar-a-Lago alone cost the U.S. taxpayer approximately $64 million during his first two years in office. Roughly $10.6 million was spent on operating costs for government aircraft and boats and $3 million on temporary duty costs including transportation, ...

How much did Trump pay per hour in 2019?

The rate was $165,000 per hour in 2019, according to the Pentagon, as reported by USA TODAY. Post reporter Philip Bump reported Trump made 19 trips to Mar-a-Lago between January 2017 and February 2019.

Trump's losses aren't 'normal'

Trump has two golf resorts in Scotland. He opened the first, Trump International Golf Links, in Aberdeenshire in 2012 on a piece of land he had purchased six years before. The course has lost money every year since.

Trump said his golf courses were 'not really golf investments'

Trump said in a 2016 interview with Reuters that people looking at the massive losses at his golf resorts were missing the point.

Is it simply incompetence?

"Stupidity and grandiosity should never be overlooked as possible grounds for all of this," said Daniel Shaviro, the Wayne Perry Professor of Taxation at New York University Law School, who wrote about Trump's tax returns last year.

Are they being kept for 'fishy' tax purposes?

Companies House accounts showed that Golf Recreation Scotland, Turnberry's parent company, depends on an eye-watering amount of debt — around $160 million — owed to its parent company, the Donald J. Trump Revocable Trust, which is registered in New York.

Trump's 'unexplained' funding for his golf courses

A group of Scottish lawmakers led by the Green Party's Patrick Harvie this year called for an "unexplained wealth order" over Trump's finances. Their central question: Where did Trump get the money to pay for his resorts in the first place?

How many golf courses did Donald Trump own?

In fifteen years, he bought twelve golf courses (ten in the U.S., one in Ireland, and a smaller one in Scotland), several homes, and a winery and estate in Virginia, and he paid for his forty-million-dollar share of the cost of building the Trump Hotel in Washington, D.C.—a property leased to Trump by the U.S. government.

How much money did Donald Trump spend on new properties?

In the nine years before he ran for President, the Post reported, the Trump Organization spent more than four hundred million dollars in cash on new properties—including fourteen transactions paid in full. In fifteen years, he bought twelve golf courses (ten in the U.S., one in Ireland, and a smaller one in Scotland), several homes, ...

How much money did the Turnberry lose in 2016?

The Turnberry has been losing an astonishing amount of money, including twenty-three million dollars in 2016. The Trump Organization argued that these losses were the result of being closed for several months for repair.

How long did Donald Trump spend on golf?

In 2017, Trump spent three months’ time — 91 days — on the golf course. In 2018, Trump spent 75 days playing golf. In 2019, Trump spent 87 days on a golf course and in 2020, Trump spent 54 days playing golf — even during the deadliest year for the U.S. since World War II which featured 291,557 fatalities. The pandemic was disproportionately ...

How many golf days did Trump spend?

President Donald Trump has spent 307 days, almost a full year, golfing during his presidency. The total is likely to be the most golf outings of any president in history. Additionally, Trump is likely to be collectively viewed by historians as one of the worst presidents in American history.

When will Trump and Pence have vacation?

After Jan. 20, 2021 both Trump and Pence are likely to have plenty of time for vacation. The COVID-19 crisis is predicted to get worse in January 2021 as former Vice President Biden prepares to take over as president.

When did Donald Trump leave the White House?

President Donald Trump, in golf attire, departs the White House for the drive to his Trump National Gold Club in Sterling, Virginia, July 14, 2019. The New York Times reported extensively last year on the techniques Trump used to avoid paying taxes on the eight-figure fortune he inherited from his father, which has served as the basis ...

Did Trump's family business respond to HuffPost?

The Trump Organization, the president’s family business, did not respond to HuffPost’s questions regarding the goats’ purpose or market value. Nor did Rob Wagner, the golf course official who signed the farmland assessment application. The White House also did not respond to goat-related queries.

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