Eric Trump Predicts Family Properties Will "Do A Million Tournaments" When His Dad "Gets Out Of Politics"

In a MorningRead.com exclusive, Bradley Klein catches up with Eric Trump, overseer of Trump Golf properties, who says the “golf business has never been better” for the company and predicts their best year ever. Though it may not look that way on tax returns that reportedly show huge losses.

“The portfolio isn’t losing money,” said Trump, referring to the firm’s golf holdings. “You can make an operating profit, and that’s not the same as a tax loss based on depreciation, on legitimate write-offs on a schedule. That’s how real estate works.”

Klein focuses on the loss of tournaments from Trump branded properties, with only the 2022 PGA currently scheduled at Trump Bedminster. This, after Trump properties hosted 30 significant events across multiple tours from 2001 to 2017.

In typically upbeat tones, Eric Trump said he anticipates getting back to holding major events beyond the 2022 PGA, though he did not assign a time frame to the goal.

“When he gets out of politics,” Trump said of his father, “we’ll do a million tournaments.”