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re: HGTV Dream Home...
Posted on 1/6/11 at 1:00 pm to Bubba Bexley
Posted on 1/6/11 at 1:00 pm to Bubba Bexley
per wiki:
quote:
Most of the Dream Home winners have sold their prizes[citation needed], largely because of the accompanying tax bills, and as of 2006[citation needed], only two winners had lived in their houses.2005 Lake Tyler winner Don Cruz initially planned to keep the house after having his plan to rent out the Dockhouse and Master Bedroom Suite on a nightly basis rejected by the City of Tyler; however, he decided to sell after receiving tax forms showing the house had a higher value than he originally thought.
1
Posted on 1/6/11 at 1:18 pm to Coon
probably depends on location. with this one being in a high end resort area, I'd think renting could be a viable option.
also looks like there is an easier option:
LINK
also looks like there is an easier option:
LINK
quote:
Total ARV of Grand Prize is $2,051,120 if Grand Prize Winner takes title to the HGTV Dream Home or $1,201,120 if Grand Prize selects the cash option in lieu of taking title to the HGTV Dream Home.
This post was edited on 1/6/11 at 1:34 pm
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