Reality TV World People News   Ratings News   Scheduling News   Application News   Spoiler News
Show Updates   Features & Interviews   Image Gallery   Message Boards   Shows Listing

HOME > Extreme Makeover: Home Edition

'Extreme Makeover' upgrade increases woman's property tax bill


UPI News Service, 04/21/2005 

A New York City woman whose small home was made over by "Extreme Makeover: Home Edition" faces higher property taxes based on $125,000 in improvements.

ADVERTISEMENT
Lucy Ali's two-story house was renovated for an episode that first aired last October and was repeated last Sunday, which boosted its value from $287,000 to $412,000, the New York Post reported Thursday.

Sam Miller, assistant commissioner for the New York City Dept. of Finance said the tax assessed on the property before the makeover was about $1,500, but couldn't predict what the new rate would be, as city council hasn't yet set the 2005 rates. However, at current rates, the Ali bill would jump to about $2,200.

However, the report said the various shows attempt to hedge tax problems in advance.

Rocket Science Laboratories, which produces Fox's "Renovate My Family," pays the families a lump sum to cover tax liabilities, while "Extreme Makeover" turns the renovation into a tax "gift" by leasing the property for 14 days.


DISCUSS AND COMMENT ON THIS STORY
Reality TV World now offers Facebook Comments on our stories. To post a comment, log into Facebook and then 'Add' your comment. To report spam or abuse, click the 'X' in the upper right corner of the comment box.


Get more Reality TV World! Follow us on Twitter, like us on Facebook or add our RSS feed.


Copyright 2005 by United Press International









Take Our User Survey





Page generated in 0.043462991714478 seconds
About Reality TV World   •   Advertise on Reality TV World  •   Contact Reality TV World  •   Privacy Policy   •   RSS Feed