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Step by step walk the thousand mile road
Picture of Sig2340
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quote:
Originally posted by JALLEN:
quote:
Originally posted by Sig2340:
The most expensive home in America is the Executive Mansion.

It costs billions to rent, requires you work there, and your lease is good for no more than nine years, 11 months, and 29 days.

Plus the neighbors on the hill to the east are real assholes.


How long?


quote:
Amendment XXII: No person shall be elected to the office of the President more than twice, and no person who has held the office of President, or acted as President, for more than two years of a term to which some other person was elected President shall be elected to the office of the President more than once.


Thus, you can become President during a term where someone else was elected, serve one year 11 months, 29 days (or one year, 364 days, if you prefer), without crossing the two year limit.

Then you can go on for two elected terms, for a total of nine years, 11 months, and 29 days (or nine years 364 days).





Nice is overrated

"It's every freedom-loving individual's duty to lie to the government."
Airsoftguy, June 29, 2018
 
Posts: 32408 | Location: Loudoun County, Virginia | Registered: May 17, 2006Reply With QuoteReport This Post
Now in Florida
Picture of ChicagoSigMan
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The Playboy Mansion was listed for $200 million and sold for $100 million. My guess is that this home will not go for the asking price (which was chosen simply for publicity). Plus wasn't there a $500 million mansion on the market in LA that included a helicopter, art collection, fancy cars, etc?
 
Posts: 6084 | Location: FL | Registered: March 09, 2009Reply With QuoteReport This Post
Member
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quote:
Originally posted by FishOn:
Black Gold!


Texas tea! Big Grin




 
Posts: 11744 | Location: Western Oklahoma | Registered: June 18, 2008Reply With QuoteReport This Post
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I'm guessing they don't have to worry about water conservation like common folk out there. Or global warming.

I wonder how much earthquake insurance is for that mansion.
 
Posts: 3977 | Location: UNK | Registered: October 04, 2009Reply With QuoteReport This Post
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posted Hide Post
quote:
Originally posted by Shaql:
quote:
Originally posted by ryan81986:
I wonder what the taxes are on that property.


California - 1% = $3.5M
LA County - 1.16% = $4.06M

$7.56M


Only 1.16%. 1% is the state rate and. 16 is the local add on

So only 4mm. I assume since the buyer afford the 350mm ask the can swing 4mm in tax
 
Posts: 5160 | Location: Florida Panhandle  | Registered: November 23, 2008Reply With QuoteReport This Post
Savor the limelight
posted Hide Post
quote:
Originally posted by Sig2340:
quote:
Originally posted by JALLEN:
quote:
Originally posted by Sig2340:
The most expensive home in America is the Executive Mansion.

It costs billions to rent, requires you work there, and your lease is good for no more than nine years, 11 months, and 29 days.

Plus the neighbors on the hill to the east are real assholes.


How long?


quote:
Amendment XXII: No person shall be elected to the office of the President more than twice, and no person who has held the office of President, or acted as President, for more than two years of a term to which some other person was elected President shall be elected to the office of the President more than once.


Thus, you can become President during a term where someone else was elected, serve one year 11 months, 29 days (or one year, 364 days, if you prefer), without crossing the two year limit.

Then you can go on for two elected terms, for a total of nine years, 11 months, and 29 days (or nine years 364 days).


I think your calculation is 1 day short. It says if you served more than two years..., thus two full years would be allowed. Ten years is possible.
 
Posts: 12117 | Location: SWFL | Registered: October 10, 2007Reply With QuoteReport This Post
Slayer of Agapanthus


posted Hide Post
quote:
Originally posted by 9x18:
I'd buy it but I don't want to live next door to the Drysdales.


Are you from the Moses family? You could restart the Great Feud with those nasty Drysdale-Bodkins.

https://youtu.be/6lWO3Xmwq50

Put Granny in charge.


"It is only with the heart that one can see rightly; what is essential is invisible to the eye". The Little Prince, Antoine de Saint-Exupery, pilot and author, lost on mission, July 1944, Med Theatre.
 
Posts: 6046 | Location: Central Texas | Registered: September 14, 2003Reply With QuoteReport This Post
Conservative Behind
Enemy Lines
Picture of synthplayer
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quote:
Originally posted by Sunset_Va:
You think Jed paid that much?


This is a bit of trivia that I actually know! Jed paid $60,000 for the entire estate - and felt that it was too expensive!



Of all the enemies the American citizen faces, the Democrat Party is the very worst.
 
Posts: 10980 | Registered: June 06, 2007Reply With QuoteReport This Post
In the yahd, not too
fah from the cah
Picture of ryan81986
posted Hide Post
quote:
Originally posted by ChicagoSigMan:
The Playboy Mansion was listed for $200 million and sold for $100 million. My guess is that this home will not go for the asking price (which was chosen simply for publicity). Plus wasn't there a $500 million mansion on the market in LA that included a helicopter, art collection, fancy cars, etc?


Yeah, the same realtor is selling that one. It's listed at $250mil

https://www.hiltonhyland.com/l...rd-bel-air-ca-90077/


You can also buy your own trio of islands in Panama for only $100mil

https://www.hiltonhyland.com/l...grand-legacy-estate/




 
Posts: 6464 | Location: Just outside of Boston | Registered: March 28, 2007Reply With QuoteReport This Post
Step by step walk the thousand mile road
Picture of Sig2340
posted Hide Post
quote:
Originally posted by trapper189]

I think your calculation is 1 day short. It says if you served more than two years..., thus two full years would be allowed. Ten years is possible.


If you served that extra day, you served the first day of the second year.

Example: you assume office at 00.00.01 hours January 1, 2018. You can serve until 23.59.59 hours December 31, 2019. If you serve more than that you serve on January 1, 2020, the first day of the third year (2018, 2019, 2020).





Nice is overrated

"It's every freedom-loving individual's duty to lie to the government."
Airsoftguy, June 29, 2018
 
Posts: 32408 | Location: Loudoun County, Virginia | Registered: May 17, 2006Reply With QuoteReport This Post
Sigforum K9 handler
Picture of jljones
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quote:
Originally posted by 46and2:
For a while, years ago, my office was in the marble clad guest house of a stupid large and expensive mansion, with 24/7 roving armed guards as well as guards at all three gates, an enormous pool, a commercial kitchen with full time staff, and a lot more. The scale of such things is staggering, and the one I was at didn't have as plush of grounds as this one.

The lunches sure were good, though, and those views...


Were there also two dogs? Named Zeus and Apollo perhaps?




www.opspectraining.com

"It's a bold strategy, Cotton. Let's see if it works out for them"



 
Posts: 37336 | Location: Logical | Registered: September 12, 2004Reply With QuoteReport This Post
Drill Here, Drill Now
Picture of tatortodd
posted Hide Post
quote:
Originally posted by ElToro:
quote:
Originally posted by Shaql:
quote:
Originally posted by ryan81986:
I wonder what the taxes are on that property.


California - 1% = $3.5M
LA County - 1.16% = $4.06M

$7.56M


Only 1.16%. 1% is the state rate and. 16 is the local add on

So only 4mm. I assume since the buyer afford the 350mm ask the can swing 4mm in tax
don't forget that Prop 13 allows a 2% per year increase in assessed value so your taxes will be pushing $5m in a decade.



Ego is the anesthesia that deadens the pain of stupidity

DISCLAIMER: These are the author's own personal views and do not represent the views of the author's employer.
 
Posts: 24021 | Location: Northern Suburbs of Houston | Registered: November 14, 2005Reply With QuoteReport This Post
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I hope it still has the fancy eating table with those long sticks to pass the pots around. No home can be called a mansion without one.


No one's life, liberty or property is safe while the legislature is in session.- Mark Twain
 
Posts: 3689 | Location: TX | Registered: October 08, 2005Reply With QuoteReport This Post
That rug really tied
the room together.
Picture of bubbatime
posted Hide Post
Imagine being the realtor and making a cool 10 to 20 million dollar commission. Eek


______________________________________________________
Often times a very small man can cast a very large shadow
 
Posts: 6717 | Location: Floriduh | Registered: October 16, 2004Reply With QuoteReport This Post
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Picture of Lunasee
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WEEEEE-DOGGIES! That's expensive
 
Posts: 608 | Location: Hillsboro, OR | Registered: January 09, 2011Reply With QuoteReport This Post
Member
Picture of Krazeehorse
posted Hide Post
quote:
Originally posted by M-11:
What, no indoor range? Count me out.

Don't you think you could throw a modest one together for $2 or $3 million?


_____________________

Be careful what you tolerate. You are teaching people how to treat you.
 
Posts: 5764 | Location: Ohio | Registered: December 27, 2008Reply With QuoteReport This Post
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