DSP's Loan & Savings Company

[Adamska]

I believe it was because Washington had no state tax or something. Whoops

It's pretty much this; Pigroach moved all the way out there entirely because he wanted to dodge a tax (and got taxed more by doing it the fucktard), and I also think because he wanted to hermit as hard as he could from the people he knew in CT. Remember, this dumb pig could have also moved to Florida due to a similar tax evading reason, and this was the preferred spot for his ex-Leanna since she still wanted to be in a semi-reasonable driving distance (about a bit more than a day) from her parents and it was where she got her soap ingredients. He ignored her and basically abused the fact she was 18 to convince her that no, WA is the place.

This is just one of many reasons why I tend to just call him Pigroach.

 

[Martys_not_smarty]

What was his reasoning for moving to Washington anyway? He thought there was some tax loophole?

He bought a house he could barely afford and paid too much for it. Now the value keeps going up so his property tax goes up. Meanwhile his income goes down. Then he finds out he didn't pay business/income tax so he's got more debt. All while still keeping an empty condo in Connecticut because "I can't sell it I'd lose money!!!!" (Can someone calculate what he'd have lost if he sold the CT place when he moved vs the upkeep on it for the past 5 years while it sat empty?)

The tax one is the biggie but a secondary if I recall had to do with Washington had better internet cause silicon valley or some shit, it's like those dudes that are professional Starcraft players that move to Korea but didn't do ol' Phil that much better he just blames the game companies servers for the lag.

 

[Sparkletor]

Washington had no taxes.

Washington had better weather.

Washington was closer to all the conventions and tournaments he could go to.

Washington had cooler people so DSP would make lots of in real life friends.

 

[gaarashatan]

Washington had no taxes.

Washington had better weather.

Washington was closer to all the conventions and tournaments he could go to.

Washington had cooler people so DSP would make lots of in real life friends.

thats a big oof... so he couldve got a 250k house in connecticut...doubt he would check up on the khando even then though or rent it out

 

[Sphadilcastro]

I believe it was because Washington had no state tax or something. Whoops

No personal or corporate state income tax to be specific. But Phil of course was ignorant (or at least pretended to be) of the fact that what he does is technically a business and subject to business and occupation taxes in the state of Washington. As with all of his problems, when the shit hit the fan and the state found out about his negligence he blamed the detractors

 

[Freshtodeath]

Not sure if this has been mentioned before but I recall during the Subaru man saga, before he was ran off, he mentioned dsp telling kat about some "side business" or something to that effect. I've always wondered what that might mean, but knowing Dark it might just be an elaborate way of describing his tee spring account.

Phil has stated before that he thinks investments are dumb so it's unlikely he's buying stocks or doing any finance. I guess his condo is an investment but he certainly doesn't upkeep it.

 

[Sphadilcastro]

Something interesting that I found is that Washington's b&o tax is based on gross income and the rate at which Phil is taxed seems to be 1.5%. In his November "state of the stream" he mentioned that his state back taxes last year were over $5000. Rounding down to $5000 you get a gross income of $333,333.33 for all the time he lived in Washington up to the point at which the 2017 taxes were due.

 

[actually]

Something interesting that I found is that Washington's b&o tax is based on gross income and the rate at which Phil is taxed seems to be 1.5%. In his November "state of the stream" he mentioned that his state back taxes last year were over $5000. Rounding down to $5000 you get a gross income of $333,333.33 for all the time he lived in Washington up to the point at which the 2017 taxes were due.

Yeah, this has been covered a couple of times. He originally wouldn't give the amount but said it "wasn't more than $10k", so I cut that in half to $5k to get a ballpark estimate. It just confirms that he's been making at least $100k+ of income the last several years and should have an assload saved up or invested and has instead pissed it all away.

 

[HansGruber]

No personal or corporate state income tax to be specific. But Phil of course was ignorant (or at least pretended to be) of the fact that what he does is technically a business and subject to business and occupation taxes in the state of Washington. As with all of his problems, when the shit hit the fan and the state found out about his negligence he blamed the detractors

And by detractors we mean, the professional he supposedly paid thousands of dollars to handle his "tax situation" who "fucked him hard".

 

[Sphadilcastro]

And by detractors we mean, the professional he supposedly paid thousands of dollars to handle his "tax situation" who "fucked him hard".

I was actually referencing his claim that detractors signed him up for business magazine subscriptions which in turn caused the state to classify him as a business. Of course the fact that he was bringing in over $100,000 in income with no employer couldn't have been the reason.

 

[Haunter]

He was able to dig and confirm that Phil had not been consistently paying his condo mortgage and that the bank was going to foreclose on him.

I've never had an excuse to post this, so I'll just put it here to join the info gathered by Bryan. Assuming this is up to date, Stratford Connecticut's online tax payment thing lists Phil as still only having paid half of last year's property taxes.

Spoiler: Payment History

 

[Prince Lotor]

I've never had an excuse to post this, so I'll just put it here to join the info gathered by Bryan. Assuming this is up to date, Stratford Connecticut's online tax payment thing lists Phil as still only having paid half of last year's property taxes.

Spoiler: Payment History

View attachment 612158

Hunh, I thought the general consensus was that these were likely paid automatically twice a year by the bank because they were included in his mortgage payments. . .but then what you posted shows the January 2018 2nd and final payment for his 2017 CT property taxes wasn't made. . .nor was the first installment on his 2018 CT property taxes made yet, unless the screenshot cut that off or something. Would this be explained by him skipping payments on his CT mortgage again both last year and this year or something? If the money's not in the account it can't be paid?

Spoiler: Past CT property tax speculation/information posts

His property taxes for CT aren't due until January. So he's only got the one in WA to worry about right now.

These, most likely, are covered under escrow accounts that are paid into with the monthly mortgage checks.

They're based on Phil's approximations of how much he pays. As I recall, he gave the $1500 for the WA condo and said he paid similar for CT. If you have a more accurate estimate, by all means, please provide it so we can get a better idea of what his monthlys are.

One thing--the mortgage payment probably includes money for property tax and homeowners insurance as well. Mine does, at least. So depending on property taxes in WA and CT, that might explain why they're similar.

And that's why it says they aren't paid yet, the bank usually pulls the funds from your escrow and pays the property taxes at a set time twice a year.

This screenshot tells us nothing we didn't already know, and has nothing to do with the tax saga.

Notice the part that says:
"Annual Statement Requested By: CENTRAL MORTGAGE CO"?

Firstly, mortgage companies usually have an interest in knowing whether property tax is being paid.
Secondly, in most instances the mortgage usually pays these taxes and they're included in the monthly mortgage payments.

 

[Haunter]

Hunh, I thought the general consensus was that these were likely paid automatically twice a year by the bank because they were included in his mortgage payments. . .but then what you posted shows the January 2018 2nd and final payment for his 2017 CT property taxes wasn't made. . .nor was the first installment on his 2018 CT property taxes made yet, unless the screenshot cut that off or something. Would this be explained by him skipping payments on his CT mortgage again both last year and this year or something? If the money's not in the account it can't be paid?

Yeah, I have no idea how it works. I've just been aware of the site for awhile, but not had anything to do with info :/

To see that payment history, after you click on the link, just set the search criteria to "Unique ID" (the number is 0232200) and "All", and you'll see the four bills.

@NoMoreFarLeft would you maybe remember about when Bryan had found that mortgage information? I don't think you can search a banned member's posts, unfortunately. Do you remember if he showed evidence, like screenshots? As I'm typing this, I'm starting to wonder if he didn't make it up, what with it being Bryan and all [Sorry, disregard. I think it's this post. It does kinda confirm my doubts. He gives no proof, so we only have the word of a megalomaniac.]

Trying to look for it, I noticed this August 6 2017 post from @SoapQueen1 saying that Phil was "crying about the sewer bill and acting like he shouldn't have to pay it because the condo is empty". He's similarly only paid half of 2017's sewer bill (click on "SEWER/WATER/MISC" near the top, same Unique ID number).

 

[Adamska]

I just assume that Pigroach likes to skip pay because that way he doesn't have to worry as much about overdrafting and he wants to make sure he has the money to fork out for vanity items to fill the empty hell that is his life of having no one to talk to as a friend. Either way he's a fat fucking tard that refuses to give up the trinkets and extra shit he has that he really doesn't need or use. Why? Because that'd lower his own status in his mind and he's so narcissistic he thinks he's entitled to just getting whatever his piggy heart desires.

 

[Freshtodeath]

Based on that, maybe he actually is in some financial trouble. You'd think he would want to keep his credit in good standing considering he's neck deep already.

 

[BallBuster]

Based on that, maybe he actually is in some financial trouble. You'd think he would want to keep his credit in good standing considering he's neck deep already.

Oh he is definitely in trouble financially. Myself and others have ballparked low end numbers on his monthly expenses and what he owes and those were not kind numbers.

As for the taxes, I think he needs quite a lot as I believe all his back taxes have finally caught up to him in full force this year.

 

[KingjadVCMP]

It's still baffling how a guy in his mid-30s who has no kids, no costly health issues and an income of over $100,000 annually somehow pisses away his money to the point of not paying bills.

 

[BallBuster]

It's still baffling how a guy in his mid-30s who has no kids, no costly health issues and an income of over $100,000 annually somehow pisses away his money to the point of not paying bills.

After bills, mortgages (he has 2), food, other odds and ends, and fees (all the money he gets have fees attached to it before he gets it), his disposable income is measly at best. Tack on his inability to put money towards the principal on anything, his shit spending habits and love of his maxed out credit cards and you have the recipe for human parasite who is drowning in his own shit.

You see, DSP values how much he makes and what he has above all else. Being in debt doesn’t bother him because he has 2 residences and lots of toys (vidya systems, $200 garbage cans, 4K TVs etc...), and that equates to him being successful.

No one should be embarrassed when they say DSP makes more than them monthly. Because he does. Except he has way less to show for it, but that is in the background so he doesn’t care about that. If I made what he makes monthly, my house would be paid off in a few years. His home will never be paid off because he most likely pays the bare minimum. He will be dead before he finishes his mortgage.

 

[KingjadVCMP]

After bills, mortgages (he has 2), food, other odds and ends, and fees (all the money he gets have fees attached to it before he gets it), his disposable income is measly at best. Tack on his inability to put money towards the principal on anything, his shit spending habits and love of his maxed out credit cards and you have the recipe for human parasite who is drowning in his own shit.

You see, DSP values how much he makes and what he has above all else. Being in debt doesn’t bother him because he has 2 residences and lots of toys (vidya systems, $200 garbage cans, 4K TVs etc...), and that equates to him being successful.

No one should be embarrassed when they say DSP makes more than them monthly. Because he does. Except he has way less to show for it, but that is in the background so he doesn’t care about that. If I made what he makes monthly, my house would be paid off in a few years. His home will never be paid off because he most likely pays the bare minimum. He will be dead before he finishes his mortgage.

I get it, I follow the math...but HOW?

It's just incredible how wasteful one manchild can be.

 

[Raven'sChild]

What eludes me is how he managed to fritter away ALL the YT money he earned during his Machinima Pay-per-view heyday where he was seeing 7-12M views? ...*dons tinfoil hat*...IF he did and it's not socked away in a savings account and/or 401k. Hear me out. IF he put that money in a 401k he technically could not touch it ( without significant penalties ) and would go quite a way toward explaining WHY he doesn't seem that terribly worried for someone in actual danger of losing their f'n house.