10.01.2010

It sold. Thank God.

We got the big check today. I imagine my FIL is spinning in his grave right about now knowing we profited from his will. Actually, I'm not sure it was like that in his will. Maybe MIL decided to pass along the wealth. Either way the duplex on Perlock was given to my husband (the stepson) and his stepdad's other two sons. There was a brief while where my husband and the eldest son were playing with the idea of keeping the joint and raking in the profit from the tenants. When they paid, of course. It was one thing after another. Fumigating, plumbing, painting, fines from the city because of the tenant's junk cars. Finally they came to their senses and decided to sell. Thank God! It sold for about $40k below assessed value. A bargain! So, the checks have been cut and now we're just trying to tie up the loose ends with the other owners. No more $80 grass cutting fees, no more court dates, no more fumigating or crooked plumbers. I really feel like we dodged a bullet there.
Now I can start worrying about next year's taxes.

1 comments:

Anonymous said...

Kate Hi,
Thanks for stopping by and leaving a comment. Glad to hear you are out from that obligation. You can breath easier now I"m sure! Have a great week!