President Donald Trump’s annual financial disclosure report shows drop in Florida resort income

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President Donald Trump’s latest financial disclosure report was released publicly Thursday, revealing a drop in income at his Florida luxury resort Mar-A-Lago.

The report covers the president’s finances for 2018, his second year in office.

Trump declared on the form that last year he received a 30-year mortgage loan of between $5 million and $25 million in 2018 from Professional Bank, a small Florida bank, for a property identified as 1125 South Ocean LLC. The mortgage loan was granted at annual interest rate of 4.5%.

Click here to read Trump’s financial disclosure report.

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