View Single Post
  #19   Report Post  
Posted to alt.home.repair
Kurt Ullman Kurt Ullman is offline
external usenet poster
 
Posts: 4,016
Default This Old [millionaires] House

In article ,
Red Green wrote:

(---MIKE---) wrote in
:

The real question is regarding the "Extreme Makeover" show. They
completely dismantle a wreck and put up a mansion. This is usually
for a destitute family. How can they afford the taxes on their new
mansion?


---MIKE---
In the White Mountains of New Hampshire
(44 15' N - Elevation 1580')



Why do you think they are all bawling their eyes out? Before they had a
place they could afford. Now they are short timers in the place before
they get evicted.


And of course they have to pay income taxes on the value of the new
stuff.