Discussion in 'The Howard Stern Show' started by Ruffypup, Nov 22, 2013.
just because there is no mortgage on record, doesn't mean he paid cash
I want to see your lovely boobs
She already rolled them up for the night.
so he voluntarily wants to pay interest even though he has 100's of millions in the bank?
I'm sure there is some tax dodge somewhere in all of this. He's buying it under a LLC, not personally.
Cash deals are common with that kind of property. Super jumbo loans in that stratosphere are hard to execute. It takes a pool of investors. I have no idea what rates would look like, but the investors are more exposed to risk than with a conforming loan. For Howard, $52M is less than a year's salary. My down payment was over a year's salary and I still only had 30% equity in my house. That's how sickening Howard's compensation is.
Buy a bunch for the Holidays
Does he accept bitcoin?
Oh, who the fuck am I kidding?
Howard is not a retard.
He has a company that buys the property, probably OneTwelve.
Then they rent it from the company.
Save tons of money on taxes.
Be an angel and buy one.
I'll keep saying it...
How many rooms full of dog poop and cat piss does that include?
I'll keep saying it too...
Straight cash, Homey!
He keeps it in his mattress.