Donald Trump could be headed toward a major financial windfall.
Trump, who leads the Republican Party’s presidential primary, reportedly could net more than $320 in federal income deductions thanks to an easement that restricts the development of the Blue Monster golf course at Trump National Doral Miami.
Richard Rubin of The Wall Street Journal broke the news.
“We are incredibly proud to have worked with the City of Doral, the Florida Fish and Wildlife Conservation Commission and Conservation Florida to preserve nearly 190 acres of open irrigated greenspace in the middle of Miami-Dade County,” the Trump Organization, the former president’s company, said in a statement. “This is a perfect example of a public-private partnership that will preserve this magnificent property now and for posterity.”
Only time will tell how much Trump claims on the easement. However, it could be needed relief considering he’s expected to lose a massive settlement in the $275 million civil fraud case in New York that’s set to be finalized this week.
