It’s Joe Biden’s favorite place – his summer home in Delaware, where he headed dozens of times during his 1,000 days as commander in chief.
As revealed on Tuesday, he spent at least 300 of those days either in the country’s second-smallest state or on vacation.
He bought the house at a time when his political career appeared to be over – five months after the end of his vice presidency, he was well into his 70s and had finally decided not to run for the top job in 2016.
But now that house in the tiny town of Rehoboth Beach could prove to be a major embarrassment as Republicans continue to push for business ties between the 46th president and his son Hunter.
has discovered that then-Private Citizen Biden, who has spent virtually his entire adult life in public service, bought the home for just under $2.75 million – in cash.
And what made the transaction even stranger was that just weeks after Hunter sent a highly questionable text message to Runlong “Raymond” Zhao, an employee of Chinese oil giant CEFC, asking for a deal worth $10 million US dollars per year.
Joe Biden paid almost $2.75 million in cash for his second estate, has revealed. The transaction came just weeks after a questionable text message Hunter Biden sent to a Chinese partner demanding a deal worth $10 million a year
can reveal that Joe Biden purchased his six-bedroom Rehoboth Beach home in June 2017 for $2,744,001 in cash
The president’s son was staying in the guest house at Biden’s home in Delaware when he wrote to Communist Party official Runloong “Raymoond” Zhao on July 30, 2017, threatening to follow his “orders.”
“I am sitting here with my father and we would like to understand why the commitment made was not fulfilled,” Hunter Zhao wrote on WhatsApp on July 30, 2017.
He then appears to threaten Zhao – who he calls Z.
“Tell the director I want to sort this out now before it gets out of hand,” he wrote at 9:45 a.m.
“And now it’s tonight,” he adds, apparently referring to the time in Beijing, which is twelve hours ahead.
“And if I get a call or a text message from anyone involved other than you, Zhang or the chairman, I will make sure that there is communication between the man sitting next to me and every person he knows and mine ability to hold a grudge against you forever.” I will regret not following my instructions.
He closes himself off and emphasizes, “Okay, my friend – I’m sitting here waiting for the call with my father. ‘I really hope that everything you do is very, very, very important.’
There is no evidence that Joe Biden was actually sitting with his son, but metadata from photos obtained by of Hunter’s infamous abandoned laptop show that he was at his father’s main home, his mansion, on the day the text was sent in Wilmington.
James Comer, chairman of the House Oversight Committee and one of the key figures leading calls for Biden’s impeachment, said the cash purchase of a home was suspicious.
“The fact that Joe Biden bought a luxury beach house around the same time his family was receiving millions from a CCP-linked company raises many questions that need to be answered,” Comer told .
“The House Oversight Committee will continue to follow the money trail to determine the extent of President Biden’s involvement in his family’s influence-peddling schemes and their impact on our national security,” Comer added.
obtained a photo of Hunter Biden outside his father Joe’s home in Delaware on the day he sent scathing text messages to his Chinese business partner
The bombshell texts are just one of dozens of revelations made by two top IRS officials in their sworn testimony to Congress
Sen. Ron Johnson, who along with Sen. Chuck Grassley spent years investigating Hunter’s shady foreign business activities, said the transaction “underscores the need” to obtain all of the Bidens’ bank records.
“The corruption of the Biden crime family has been evident for years,” he claimed in a statement to .
“This is just more evidence that will likely be ignored again by most of the mainstream media.” It also underscores the need to obtain all bank records of all Bidens who benefited from Joe and Hunter’s shenanigans.”
The White House has denied that the president was ever “in business” with his son. But aides recently stopped short of claiming that the two never discussed Hunter’s foreign dealings.
Property records show Joe’s second six-bedroom property was purchased for $2,744,001 on June 8, 2017 – just seven weeks before his son’s announcements for sale.
No mortgage was recorded at the time of sale, suggesting Joe paid for his second home entirely in cash.
The Sussex County Clerk of Court has no record of a mortgage on the Rehoboth Beach property until December of last year, when Joe and Jill opened a $250,000 line of credit secured against the property.
His tax records from that time show that he began making much more money than he had during his time as vice president, largely through sales of his memoir “Promise Me, Dad” and lucrative speaking engagements by himself and first lady Jill Biden.
James Comer, chairman of the House Oversight Committee and one of the key figures leading calls for Biden’s impeachment, said the cash purchase of a home was suspicious
First Lady Jill Biden and President Biden have spent much of their time at their summer home in Delaware and were spotted relaxing on Rehoboth Beach in August
In 2017, the first year Joe was out of office after 36 years in the Senate and eight more years as vice president, the couple reported income of $11 million, adding another $4.58 million in 2018 US dollars added.
When Joe bought the house in Rehoboth, local news site Delaware Online reported that it was purchased “with a portion of their advance from a multi-book deal.”
But even if the money for the house came from the $11 million he and Jill earned that year, according to their tax returns, there are still major discrepancies in the president’s financial disclosures that remain unexplained.
According to information from a trusted FBI informant, Joe was allegedly bribed with $5 million by Mykola Zlochevsky, the owner of the Ukrainian gas company Burisma
An analysis published last year by shows a $5.2 million discrepancy between his IRS filings and his Office of Government Ethics disclosures for the same period.
Between 2017 and 2019, he and first lady Jill Biden reported gross income of $16.5 million on their federal tax returns released by the Biden campaign.
The vast majority came from her two companies, CelticCapri Corp and Giacoppa Corp, which she uses for speaking engagements and writing assignments.
But in Office of Government Ethics (OGE) filings for the same period, Joe only reported income of $9.6 million for himself and his wife.
Joe was required to file OGE reports during his term as vice president and in 2019 after he declared his presidential candidacy.
Part of the remaining roughly $7 million came from salaries the first lady earned through her teaching position at Northern Virginia Community College and a salary she paid herself from Giacoppa, which the couple was not required to report to the OGE.
But a comparison of the income Joe reported from his company CelticCapri in OGE reports with what he reported to the IRS shows a difference of nearly $5,180,071 that has not yet been accounted for.
The figure is surprisingly similar to the $5 million Joe allegedly bribed from Mykola Zlochevsky, the owner of the Ukrainian gas company Burisma, according to information provided by a trusted FBI informant.
In the 2020 congressionally released summary of an agent’s 2020 interview with the unnamed informant, the source claimed that in a 2016 meeting with Zlochevsky, the Ukrainian oligarch bragged about funneling $5 million each to Hunter, who was on the board of Burisma at the time and Joe had a complex network of offshore accounts.
The claims remain unproven.