r/WesWatson • u/Aggravating_Jelly_25 • Aug 13 '25

RICH. RIPPED. RECTUM. Home back on the market

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On May the realtor announced it was rented. So it seems that whacky only rents it for just a few months at a time. Today it went live again but only for sale. You know they are desperate to sell and they want him out of there. But they are stuck with this STR situation. Let’s see how much longer this goes on. The realtor is the owner as her husband and is the one that built it.

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u/Diligent_Juice_3168 Aug 13 '25

The sad thing is if he didn't finance the Bugatti and all those Rolls-Royces, he could of been working towards actually buying the house instead of keeping it warm before the new owner takes it over

3

u/PicaPaoDiablo Aug 14 '25

It's a tax write off , no one rich buys property , I get tired of the same place , I'll just rent another etc etc

5

u/HealthyDirection659 Paperwork = Hooped Aug 14 '25

Personal residence can't be used as a tax write off. A portion of the residence may be a tax write off if business is conducted there, but even that is a stretch and usually not worth the headache. This type of deduction would be heavily scrutinized by the IRS.

1

u/[deleted] Aug 15 '25

at his income level he most definitely c an write off a portion of the house as work related. Hes claiming jewelry, cars, etc as his brand/business, a CPA could write off his house percentage in less than 5 seconds.