
"People have decided it's easier to actually buy a home and default on the mortgage shortly after just to have somewhere to live while six other family members work at Taco Bell, taking home food just to survive," claims a respondent from HUD to the question "What would you do with a millions dollars?"
"After taxes, surcharges, and fees, the million dollars actually turns out to be only about $15,000; which is, of course, above poverty level, so they will have to pay taxes on that $15,000. Th solution is to rent out the home you've bought, and live on the street until the tenants pay off your mortgage; unless, of course, they make off with the fixtures..."
1 comment:
The trick is to build something that "looks" like a house, sell it to someone who doesn't bother to check that it's just crepe paper and glue stick, then leave the country and live like a king in Croatia.
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