It's boggling because most add value to the home. You'll see in
the documents I uploaded most of the home's upgrades were done by the owner before Nick. He's the one that depreciated the home by his bullshit, like not fixing a kitchen sink cabinet. If that's the only thing "known of" that he didn't fix, imagine what else there is.
Homes usually go up in value, but not for this trust fund coke-head retard. So I understand your confusion.
My realtor buddy has explained to me the mortgage amount reported to be taken out is wrong. Everyone says $316k, but he took out almost the entire homes value. See below from Page 14 on
my original post [ also posted below ]. He bought the house for $650k. Loan is for 30yrs fixed rate. It was just $316k this year. He will owe more.
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