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Margee, before she died she willed it to the government. neither presidents nixon or carter used it. the government was still footing the $1 million maintenance bill every year. by 1980 they cut loose of the money pit and returned the property back to the foundation. donald trump who bought it and later opened it as a private luxury resort in 1995. he owns it and his kids manage it. and they earn a profit when people choose to eat. the club doubled its initiation fee to $200,000 after trump was elected president. he has spent half his weekend as president, that's not the only promotion, earlie...

Money pit and returned the property back to the foundation. donald trump who bought it and later opened it as a private luxury resort in 1995. he owns it and his kids manage it. and they earn a profit when people choose to eat. the club doubled its initiation fee to $200,000 after trump was elected president. he has spent half his weekend as president, that's not the only promotion, earlier this month, a web site management department share america post an article about mar-a-lago, he's believed fulfilled the dream of the original owner and designer. the article is shared by at least two u.s. ...

Street at the four seasons. this weekend "the palm beach post" reporting the president and attorney general jeff sessions were mingling guests at mar-a-lago. quite a perk. last month president trump crashed a wedding at mar-a-lago. he has spent four of the last seven weekends at the resort. let's bring in cristina alesci. the $200,000 initiation fee can get you membership to the club and also face-time with the president of the united states. where do the profits for mar-a-lago go? >> they flow into the president's trust. he is the primary beneficiary of the trust. that's why we have so many q...

Bush. the thing that bothers me the most about this is the profiting off of the presidency. mar a lago, they doubled their initiation fee to $200,000. also he actually never let go of ownership of his businesses. his adult children are traveling, making money for the organization. he is profiting off of this. >> this is short, but i want to get it all in. what do you think? >> this is fake news. this is not a news story. >> me what about it is fake. the president is not breaking any laws and not doing anything. >> do you know what the definition of fake news is? >> what we are doing right now....

Nothing to do with the decision. the director saying the initiation fee was actually $200,000 in 2007 but says due to the poor economy it was cut in half to $100,000. once the economy turned around, he says, the decision was made last year to return that fee to what it used to be. september 2016 it was increased to $150,000 and january 1st this year it went up to $200,000. the director saying i don't want what the fixation is, it's simple. >> i think the optics of this are terrible. it looks like he becomes president and they are really going to try to financially benefit off of this. >> repor...