There’s a similar discrepancy with the accounts for two other golf courses. Trump claimed income of $4.3 million from Trump International Golf Links Scotland -- the course he built from scratch north of Aberdeen -- yet accounts filed with Companies House show it lost £1.1 million in 2014, its third consecutive annual loss.

In Ireland, Trump reported $10.7 million in income from Trump International Golf Links Ireland. The course, which he bought in February 2014, reported a loss of 2.5 million euros in 2014.

Trump said in the interview that the amounts listed in his financial disclosures are based on "projected future income." He attributed the losses to ongoing construction projects and said he has yet to unlock the value in developing the properties for housing. "They’re only losing money because they’re not open," he said.

Actually, his golf course and hotel in Aberdeenshire are open as is his hotel in Ireland, although that golf course is only partly open, the rest under renovation. Trump said he’s spending $58 million on Turnberry which he closed last September for refurbishment.

Disclosure Rules

Campaign finance experts say the rules on disclosure require candidates to report payments they’ve received, not estimates for future income.

"This is supposed to be what you own and the income you made," Larry Noble, general counsel at the Campaign Legal Center, said.

Elsewhere, Trump’s comments on Muslims have angered his partners. In Dubai in December, Lifestyle suspended sales of his home décor projects; Damac Properties, which branded part of its golf and luxury home development with the Trump name, took down a large billboard showing him swinging a club. And in Vancouver, more than 50,000 residents signed a petition calling for Trump’s name to be removed from a condo and hotel skyscraper being built by Holborn Group because of the statements.

Whatever happens to his presidential bid, Trump thinks it’s all been worth it. "Generally, what I’m doing has been helpful for the brand," he said. "The heads of the countries all dig Trump."

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