Barisone assessment

[OntheFnce]

Yes, it’s extremely annoying.

[Sdel]

@LexInVA

She has applied for and received the full HE tax benefit, according to the property records. She is the only permanent resident and he does not live there, even if/when he goes to visit her. Her father is just listed as a co-owner for legal purposes, so that if/when she dies, he keeps the property and can do what he pleases with it and also gets the property ownership status that lets him “do what needs to be done” when she won’t or when he has to step in and write checks for something, which also has it’s own tax implications.

It would not work such in my state, and may not legally work in FL. Who knows. In my state if you are on the deed, but do not primarily reside there, you don’t qualify and they won’t give you your percentage ownership in exemption.

[Knights_Mom]

@trubandloki

@Sdel

You can engage in Dressage vacuuming now!.

How does one get their vacuum to do a square halt?

You need a canister vacuum. An upright just tips over.

[FitzE]

Can someone give a quick and dirty summary of what the homestead thing (HE?) is?

P.S.: definitely Team Annoying as Heck/Also Super Juvenile and Dorky - and I don’t even access this site by phone, only PC.

[LexInVA]

@FitzE

Can someone give a quick and dirty summary of what the homestead thing (HE?) is?

P.S.: definitely Team Annoying as Heck/Also Super Juvenile and Dorky - and I don’t even access this site by phone, only PC.

If you meet the legal requirements for residency in FL and own physical property - as a registered and titled owner - that is claimed as your permanent residence, you can obtain up to $50000 in property tax exemptions, via two $25000 exemptions. LK has met those residency requirements as a listed owner and obtained both of the property tax exemptions.

[ekat]

@FitzE

Can someone give a quick and dirty summary of what the homestead thing (HE?) is?

In FL, if the property is your homestead, you get a break of (I think) $50,000 in property taxes, and the property is exempt from judgments.

[Sdel]

@Knights_Mom

@Sdel

@Tarlo_Farm

@Knights_Mom

…made me wonder if MB now might have a renewed claim against the police in his case with a new civil suit. What if he was the one actually jumped and that will never come to light given the questionable investigation that was done by police?

I’ve been wondering this since the verdict.

There was a throw away line in the dismissal that seems to me to say that essentially his rights can’t be violated until the testified under oath in a trial. I bet the fact that they testified that they took him to trial for this crime without any physical forensic evidence might be problematic.

Big time problematic and the fact that RG was a straight NG and so many of the public as well as the jury seem not to believe the very bizarro narrative of LK/RG just adds to that.

I wouldn’t suggest a criminal trial in this regard, that’ll never happen but a civil one? My brain is cha-chinging thinking about it.

Especially the lack of investigation to rule out other possible shooters.

[ekat]

You said it better…

[Knights_Mom]

@FitzE

Can someone give a quick and dirty summary of what the homestead thing (HE?) is?

P.S.: definitely Team Annoying as Heck/Also Super Juvenile and Dorky - and I don’t even access this site by phone, only PC.

In Florida there is a lower tax rate under the Homestead exemption for an owner occupant. My cousins mom had a place that was homesteaded because she lived there. Her taxes were $5000. But when mom died and the out of state son took possession of the property the taxes shot up the next year to $6900 because he did not live there.

[LilRanger]

@LexInVA

Her father is just listed as a co-owner for legal purposes, so that if/when she dies, he keeps the property and can do what he pleases with it and also gets the property ownership status that lets him “do what needs to be done” when she won’t or when he has to step in and write checks for something, which also has it’s own tax implications. It

It also has the benefit of making JK involved in the event LK wants to sell, mortgage, or rent out the house.

[Knights_Mom]

@Sdel

@Knights_Mom

@Sdel

@Tarlo_Farm

@Knights_Mom

…made me wonder if MB now might have a renewed claim against the police in his case with a new civil suit. What if he was the one actually jumped and that will never come to light given the questionable investigation that was done by police?

I’ve been wondering this since the verdict.

There was a throw away line in the dismissal that seems to me to say that essentially his rights can’t be violated until the testified under oath in a trial. I bet the fact that they testified that they took him to trial for this crime without any physical forensic evidence might be problematic.

Big time problematic and the fact that RG was a straight NG and so many of the public as well as the jury seem not to believe the very bizarro narrative of LK/RG just adds to that.

I wouldn’t suggest a criminal trial in this regard, that’ll never happen but a civil one? My brain is cha-chinging thinking about it.

Especially the lack of investigation to rule out other possible shooters.

To this day I do not understand how MBs statement of “I had a good life” could ever be seen as an admission of guilt.

[Sdel]

@LexInVA

@trubandloki

@Sdel

You can engage in Dressage vacuuming now!.

How does one get their vacuum to do a square halt?

You have to spend the extra money for one of those fancy European vacuums.

All 4 wheels have to be straight. Maybe you can get one of those roombas and start vacuum dancing as well.

[Knights_Mom]

@LilRanger

@LexInVA

Her father is just listed as a co-owner for legal purposes, so that if/when she dies, he keeps the property and can do what he pleases with it and also gets the property ownership status that lets him “do what needs to be done” when she won’t or when he has to step in and write checks for something, which also has it’s own tax implications. It

It also has the benefit of making JK involved in the event LK wants to sell, mortgage, or rent out the house.

She probably needed a cosigner due to her lack of a job or anything for a mortgage.

[Knights_Mom]

@Sdel

@LexInVA

@trubandloki

@Sdel

You can engage in Dressage vacuuming now!.

How does one get their vacuum to do a square halt?

You have to spend the extra money for one of those fancy European vacuums.

All 4 wheels have to be straight. Maybe you can get one of those roombas and start vacuum dancing as well.

Roombas are great at pirouette. Can’t be beat.

[LilRanger]

The info here is it was bought with cash, but yes, that’s a reasonable assumption!

[LexInVA]

I can think of no logical and sensible, immediate reason for JK to sign off on a mortgage of the property. LK would certainly want the fast cash from a mortgage to spend on her “lifestyle”, but he would have to sign off on it and he has no reason to do so, especially given that the full-time residents there are two known drug addicted individuals. Demolishing the property and using the mortgage to build a superior, more luxurious and modern dwelling for later resale would be the only possibility I can think of, though I can’t see that happening.

[Scribbler]

@LilRanger

The info here is it was bought with cash, but yes, that’s a reasonable assumption!

Any parent buying a house straight out for a child, especially if it’s a problem adult child, is going to put their own name on the title so child can’t sell or take out a homeowner loan and make bad choices.

A parent with a responsible adult child might simply gift a down payment and let them make their own choices. Intergenerational wealth transfers are the only way most young adults here manage to buy an apartment (international flight capital and the international kleptocracy is another significant factor). I suspect many canny parents keep their names on the title, either to safeguard an investment or cosign a mortgage.

[DownYonder]

@Knights_Mom

She probably needed a cosigner due to her lack of a job or anything for a mortgage.

It was posted upthread that they paid cash for the house. And if JK had to dip into family funds to buy it, it makes sense that he would want to maintain an interest in it so he has a chance of recouping some of that money at some point. His co-ownership also prevents LK from selling the house without his consent. I can so easily see how she and RG might become tempted at some point to cash in by selling the house when they need funds for…whatever.

[DownYonder]

As for MB’s residency status in FL - IIRC, he was described as being a resident of Florida either at the beginning of the criminal trial, or in media coverage of the trial.

Oops, sorry for these late responses - I am trying to get caught up.

[clanter]

@Scribbler

Any parent buying a house straight out for a child, especially if it’s a problem adult child, is going to put their own name on the title so child can’t sell or take out a homeowner loan and make bad choices.

well there are annual dollar limits of Gifts to family members before the gift becomes a taxable event… so from reading the posts saying her father was focused on tax savings it is reasonable to be listed on the deed