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Old 08-21-2015, 11:01 AM
 
1 posts, read 1,219 times
Reputation: 10

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Quote:
Originally Posted by Kelliekb View Post
FYI . IF you get to watch the show when you win the property you get 250k...and a car.......seems like that pays lots of taxes..
ummm.. not sure what post youve been reading.. but the Blog Cabin this year doesnt seem to include a car, and only 50K in cash.. " One (1) Grand Prize Winner shall win the Grand Prize, which consists of: (i) the home located in Couer D’ Alene, Idaho (the “DIY Network Blog Cabin 2015”) that is featured in the “DIY Network Blog Cabin 2015” special (including home furnishings, fixtures, artwork, and merchandise) (approximate retail value (“ARV”): $900,000 and (ii) Fifty Thousand Dollars ($50,000) (awarded in the form of a check or electronic funds transfer) courtesy of Quicken Loans. (the “Cash Prize”). "
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Old 09-21-2015, 03:08 AM
 
145 posts, read 156,169 times
Reputation: 188
Quote:
Originally Posted by cantstopthemadness View Post
ummm.. not sure what post youve been reading.. but the Blog Cabin this year doesnt seem to include a car, and only 50K in cash.. " One (1) Grand Prize Winner shall win the Grand Prize, which consists of: (i) the home located in Couer D’ Alene, Idaho (the “DIY Network Blog Cabin 2015”) that is featured in the “DIY Network Blog Cabin 2015” special (including home furnishings, fixtures, artwork, and merchandise) (approximate retail value (“ARV”): $900,000 and (ii) Fifty Thousand Dollars ($50,000) (awarded in the form of a check or electronic funds transfer) courtesy of Quicken Loans. (the “Cash Prize”). "

They should be calling very soon to tell me I won the house!
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Old 09-22-2015, 04:46 PM
 
151 posts, read 204,007 times
Reputation: 198
I don't know Josh, I've already started packing, just waiting on the key, LOL.
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Old 09-23-2015, 04:18 PM
 
145 posts, read 156,169 times
Reputation: 188
Quote:
Originally Posted by labellavita116 View Post
I don't know Josh, I've already started packing, just waiting on the key, LOL.

I have been packed. We are going to get a outside tour Saturday. I just have to remember to not answer the door in my boxers. When the camera crew shows up.
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Old 09-24-2015, 08:12 PM
 
Location: Missouri
1,875 posts, read 1,327,533 times
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when exactly are they announcing the winner and by what means? Taped on TV?
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Old 09-24-2015, 08:42 PM
 
Location: Wayward Pines,ID
2,054 posts, read 4,277,152 times
Reputation: 2314
Sponsor anticipates that the potential Grand Prize Winner will be contacted phone on or about October 7, 2015.
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Old 09-30-2015, 02:44 PM
 
151 posts, read 204,007 times
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Quote:
Originally Posted by joshnc View Post
I have been packed. We are going to get a outside tour Saturday. I just have to remember to not answer the door in my boxers. When the camera crew shows up.
You are thinking ahead too. We are half packed, had to leave things out for our kids and to maintain some semblance of normalcy until the big move. Few more days... "on or about October 7" won't come soon enough.

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Old 09-30-2015, 08:24 PM
 
Location: Wayward Pines,ID
2,054 posts, read 4,277,152 times
Reputation: 2314
Which one of y'all could actually live in it? Tax man will want his cut of the $900K ARV. You would probably need $400K to keep that place. Also, Harrison is nice and all but a full hour from civilization. I have well-off friends that moved from there to CDA for that reason alone. Nice to dream though and winning it would still be better than a sharp stick in the eye.
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Old 10-01-2015, 10:14 AM
 
145 posts, read 156,169 times
Reputation: 188
Quote:
Originally Posted by elousv View Post
Which one of y'all could actually live in it? Tax man will want his cut of the $900K ARV. You would probably need $400K to keep that place. Also, Harrison is nice and all but a full hour from civilization. I have well-off friends that moved from there to CDA for that reason alone. Nice to dream though and winning it would still be better than a sharp stick in the eye.

That is not how a home that is given to you works for taxes. You don't pay 400k in taxes. You pay on the 50k as gift than the house is taxed as income.
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Old 10-01-2015, 10:26 AM
 
271 posts, read 390,476 times
Reputation: 287
Quote:
Originally Posted by joshnc View Post
That is not how a home that is given to you works for taxes. You don't pay 400k in taxes. You pay on the 50k as gift than the house is taxed as income.
Seems like Uncle Sam makes out the best on this deal then. I'm sure 99% of the winners have to sell the place because they can't afford the tax hit.
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