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Hampton Roads area Chesapeake - Hampton - Newport News - Norfolk - Portsmouth - Suffolk - Virginia Beach
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Old 01-26-2014, 10:46 AM
 
469 posts, read 947,914 times
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Can anyone show us the Zillow links. Today's WaPo say's The Gov and his sister owned two, and were on the hook for 60K per year. Doesn't seem like a lot for someone, who makes 175K.
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Old 01-28-2014, 01:21 PM
 
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Figure 25% for taxes so that drops that 175 to 131,250. That puts the housing cost at 46% which is well above the 33% rule.
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Old 01-28-2014, 04:56 PM
 
469 posts, read 947,914 times
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Quote:
Originally Posted by Spazkat9696 View Post
Figure 25% for taxes so that drops that 175 to 131,250. That puts the housing cost at 46% which is well above the 33% rule.
but his sister owned half, and they were rental properties. And it seems like he had free housing at the mansion.
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Old 01-28-2014, 05:10 PM
 
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You never know what someone else's finical situation is. Who knows his sister may not be able to pay anything, and he may be renting at a loss around here....
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