Rubio Puts Financially Troubled Home On The Market For A Loss

March 16, 2015 9:09 am

Sen. Marco Rubio (R-FL) and former Rep. David Rivera (R-FL) have put the troubled Florida house they co-own on the market for less than they originally paid for it, according to a Politico report.

The house has been a source of embarrassment for Rubio since he purchased it with Rivera in 2005 while they both served in the Florida state legislature. The home faced potential foreclosure during Rubio’s 2010 Senate bid, and was then flooded during a tropical storm, according to Politico.

The house was listed last week for $10,000 less than Rubio and Rivera originally paid for it.

And while Rubio is mulling a 2016 presidential bid, Rivera faces ethics charges and is involved in a federal campaign finance case.

Earlier in March, a Florida judge recommended that Rivera be fined more than $57,000 for violating ethics rules during his time in the Florida legislature.

In August, Ana Alliegro, a friend or Rivera, named him as a co-conspirator when she pleaded guilty to campaign finance charges in August.

According to Politico, a Rubio spokesman denied that the senator put the house on the market for political reasons. And sources gave Politico conflicting descriptions of Rubio’s relationship with Rivera. Some said that the two are still close, while others said that Rubio is trying to move on with his political career.

The house may not sell before the 2016 election, and may force Rubio to account for his personal financial troubles if he decides to run for President.

Rubio got into hot water in for using a Florida Republican Party charge card for personal expenses while he served in the Florida legislature. Rubio said that he repaid the party for all personal purchases.

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