Posted on 04/21/2007 10:38:45 AM PDT by mom4kittys
Another good show on TLC: (with Andrew Dan-Jumbo)
http://tlc.discovery.com/tv/take-home-handyman/take-home-handyman.html?dcitc=w99-504-ah-0094
Here's a related article:
Ping!
Thanks for reminding me of this!
I was upset when they went off.
I’ll be watchign tonight!
Richard Davis should win; the show was HIS idea and they dumped him.
I’ll be watching, glad you posted this.
Sorry to learn they lost the “Flip This House” title and music. The other posers suck.
This crew has so much personality—it has to be another hit!
The new crews are awful!
I e-mailed it to him.
It’s amazing how much money is in this. Last episode they showed Davis buying his own minor league baseball team...that is after that $100,000 college football booth.
Thanks, mom... I’m really looking forward to this....
It seems to be very lucrative! The trick it seems is getting it flipped before the first note comes due.
The only thing they don’t talk about is the tax ramifications of these flips since they are not keeping the houses for a long period of time, the tax on the sale is higher IIRC.
Do you mean capital gains? I thought that was only with private ownership?
Thank you—yes, I have my DVR set, as we’ll likely be out tonight. I saw the one where they restored (and moved!) the baseball player’s home, and loved it—except they could have done as well without the bad language. A show like that would have been inspirational to kids, but not with that language.
“The trick it seems is getting it flipped before the first note comes due.”
The trick is in having the legal staff of TLC or the production company behind you to get bureaucrats to push through all the attendant paperwork, inspections, variances etc. before that note is due.
I was thinking in terms of all the private people doing flips, the taxes have to be killing them.
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