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Maine innkeeper to give property away to essay winner

Posted on 3/19/15 at 12:24 am
Posted by LSULyle00690
Hoover, AL
Member since Sep 2004
7055 posts
Posted on 3/19/15 at 12:24 am
LINK

quote:

BOWDOINHAM, Maine (Reuters) - The owner of an idyllic Maine country inn valued at $905,000 has plans to give it all away to the winner of an essay contest she launched early this year. Applicants must be eager to run the business and convey their qualifications in an impeccably crafted, but spare, 200-word essay. She said in an interview that she aims to garner as many as 7,500 paid submissions by May 17th. At $125 per entry, that would be enough to cover the estimated value of the 210-year old facility, plus an additional $20,000 for the next owner.



Any OT Ballers good at writing essays?
This post was edited on 3/19/15 at 12:28 am
Posted by Jim Rockford
Member since May 2011
98133 posts
Posted on 3/19/15 at 12:26 am to
Posted by TheWalrus
Member since Dec 2012
40413 posts
Posted on 3/19/15 at 12:26 am to
An entry fee? What horseshite. Was a good story otherwise.
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47120 posts
Posted on 3/19/15 at 12:29 am to
I guess it's the owner's way of guaranteeing their asking price, if 7500 pay to enter.

Where does the excess cash go if more than 7500 enter, and what if not enough sign up?

Posted by boddagetta
Moulton
Member since Mar 2011
9999 posts
Posted on 3/19/15 at 12:33 am to
Would the winner have to pay taxes on it? Would this fall under sweepstakes tax stuff?
Posted by genro
Member since Nov 2011
61788 posts
Posted on 3/19/15 at 12:37 am to
You have to write another essay for the county commisioner asking him to kindly waive taxes
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141660 posts
Posted on 3/19/15 at 12:38 am to
INN
Posted by CaliforniaTiger
The Land of Fruits and Nuts
Member since Dec 2007
5303 posts
Posted on 3/19/15 at 12:40 am to
Germans
Posted by yurintroubl
Dallas, Tx.
Member since Apr 2008
30161 posts
Posted on 3/19/15 at 12:49 am to
I'm going to do this.
Posted by JG77056
Vegas baby, Vegas
Member since Sep 2010
12060 posts
Posted on 3/19/15 at 2:22 am to
This sounds like a great scam. At the end she'll be super inspired by her nephew's essay to keep the inn in the family.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 3/19/15 at 2:25 am to
Great, all I need is more competition
Posted by TypoKnig
Member since Aug 2011
8928 posts
Posted on 3/19/15 at 4:39 am to
quote:

Sage herself took ownership of the inn in 1993, after she won a similar essay contest launched by the previous owner.
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
17206 posts
Posted on 3/19/15 at 6:57 am to
Yup, sounds like an awesome scam.
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 3/19/15 at 7:08 am to
quote:

I'm going to do this.


I think I will too. But I'm entering two essays, one saying why I'm awesome and a second saying why everyone else is shite. $250 and that shithole is mine.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51244 posts
Posted on 3/19/15 at 7:21 am to
quote:

At $125 per entry, that would be enough to cover the estimated value of the 210-year old facility


NPR neglected (or I didn't hear) to mention this part when I heard the story a couple days ago.

Nice way to get paid while still looking trendy and generous.

This post was edited on 3/19/15 at 7:22 am
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