Archived from the Tools In Action forum (Pub Talk). This thread is read-only.
For anyone here that is into these sweepstakes: http://www.hgtv.com/design/hgtv-dream-home/sweepstakes
For me personally, I could not afford to win something like this. Even with the cash prize that is attached to the total, I do not believe that I would be able to afford the tax on the prize itself, let alone the annual Florida property taxes. I lived in Florida for a bit over twenty two years and came to understand that waterfront properties can be taxed annually by as much as double the rate that a house just across the street from said property that is considered to be not on waterfront. The house in this prize package, depending on it’s local tax structure and appraisal, could cost higher than 25k a year in tax, not to mention the issue of being able to afford, or even acquire, flood insurance.
I had a customer/friend who lived in one of those exclusive communities along the St. Johns river south of Jacksonville, and he gave me a run-down on some of the taxes for the homes around him once. It was both educational and scary. I do not personally know what the tax on the home in the prize package is, but my estimate was based on the conversations I had with my friend. One of the houses near him, on the water, was above 50k per year.
Thanks for the link but ill pass on it as well, unless we all go in and make it the TIA Crew Compound.
Like I said before. Enter everything! You never know lol
Figure out the taxes and red tape later 😉
taxes are insane……….you never own shit! pay off the mortgage hunny then we will only have a $4500 tax payment a month……
T75R wrote:
Like I said before. Enter everything! You never know lol
I would enter everything but only 1 in 500 contests let Canadians win anything so far I can only win anything from TIA….woot!
so the chances for me to win are way less than some of you guys by a country mile…
Jimbos1ice wrote:
Thanks for the link but ill pass on it as well, unless we all go in and make it the TIA Crew Compound.
Let’s make it the TIA compound
Logan p wrote:
Let’s make it the TIA compound
If I win I’ll start a collection lol
Jimbos1ice wrote:
Thanks for the link but ill pass on it as well, unless we all go in and make it the TIA Crew Compound.
can you imagine the tool talk there……if we were all in the same room….
comp56 wrote:
I would enter everything but only 1 in 500 contests let Canadians win anything so far I can only win anything from TIA….woot!
so the chances for me to win are way less than some of you guys by a country mile…
What’s the worst they can say no? Worst case scenario is that you’re in the exact same spot tomorrow you are today
T75R wrote:
What’s the worst they can say no? Worst case scenario is that you’re in the exact same spot tomorrow you are today
but that would be worse, winning and they say no you can’t have it, that would be like being broke and hungry with a $1200 check in your pocket no one will cash….lol
comp56 wrote:
but that would be worse, winning and they say no you can’t have it, that would be like being broke and hungry with a $1200 check in your pocket no one will cash….lol
Lol very true. Good point
PROTOOLNUT wrote:
More sweeps, is this country going insane with sweeps or what? So did anyone ever win that dam powerball deal? And was it worth it when the government takes 40% of your winnings? You think you get 1.6 billion? Think again, more like 325 million is what you get out of that BS because there is no law that provents the government from taking your money, even when it doesn’t deserve it.
I think it went three ways but one is still unclaimed.
Jimbo
Sent from my iPad using Tapatalk
PROTOOLNUT wrote:
Yeah 3 ways to reach ground 0 and realize life has just slapped you in the face and say, wake up sucker, nothing is free in this country. lol
So protool you wouldn’t want the 325 mill? I say if I didn’t have it before I’ll take it now. The government will always win and get over on John Q Public. Deep breath, grab your tools and push forward lol
I can honestly say I wouldn’t truly want to win 325 million I would like 3.25 million but not 325…..
comp56 wrote:
I can honestly say I wouldn’t truly want to win 325 million I would like 3.25 million but not 325…..
lol stop it comp…you’re funny
Ooo. Not too greedy huh comp? Lol