Where is the 2021 HGTV Smart home giveaway located?
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Where is the 2021 HGTV Smart home giveaway located?
Naples, Florida
See every stunning space from HGTV Smart Home 2021, a grand escape packed with high-tech design and located in Naples, Florida.
Who won the HGTV sweepstakes 2021?
Congratulations to Rose Caponey of Marana, AZ; she is the winner of the HGTV Urban Oasis® 2021 sweepstakes, a grand prize package valued at over $600,000.
Has anyone actually won the HGTV Dream Home?
Meet the lucky winner of HGTV Dream Home 2022 in Warren, VT. A huge congratulations to Karey Wolstenholm of Overland Park, KS! She is the winner of the HGTV® Dream Home 2022 sweepstakes, a grand prize package valued at over $2.4 million.
Do you have to pay taxes on HGTV Dream Home?
If you’re lucky enough to win an HGTV Dream Home, you’ll be responsible for federal income taxes on the value of the property or improvements, plus state income tax, depending on your state of residence.
Is there a cash option for the HGTV Dream Home?
In lieu of taking title to the HGTV Smart Home 2022® (and the contents of the HGTV Smart Home 2022®), the Grand Prize Winner will have the option of receiving $600,000 in cash, awarded in the form of an electronic funds transfer (the “Cash Option”).
Can you afford to keep the HGTV Dream Home?
Could you afford that? The cash that comes with the house will help, but you’ll still be responsible for everything from moving costs to maintenance and utilities on your enormous new home. At the time of this writing, none of the winners has been able to keep their Dream Home permanently.
What really happens when you win the HGTV Dream Home?
To celebrate the 25th anniversary of HGTV’s Dream Home giveaway, the popular cable network is sparing no expense. Not only will the winner receive a sprawling 3,300-square-foot seaside house 10 minutes from Newport, Rhode Island, he or she will get a $250,000 mortgage and a brand new motor home.
Has anyone sold their HGTV Dream Home?
However, for many of the winners, the legendary Winner’s Weekend is actually one of the best parts of the experience (and it doesn’t come with a super-sized tax bill). The 2005 winner, Don Cruz, was one of the many who ended up selling the home after just a few years, as per Live About.
