Increase in HHI ROFR....

[lovindisney]

Originally Posted by BWV Dreamin

You are so right on about the noise. I didn’t even go there with my last comments about the conditions of the rooms. The noise is such a disruption, if you don’t get a top floor, it could totally ruin the vacation. We had our room moved from first floor to third. Still heard plenty of noise from our neighbors, but much less than on the first.

The rooms are another subject!

[disney65]

Originally Posted by Syndrome

Hey Rakesh ,
I am assuming you also have to deal with the non SC resident sellers affidavit form I295 and 7% tax withholding for capitol gains as well ? DANG South Carolina !

We did have a gain on our selling price vs our purchase price , including subtracting commission, but if I figure in the yearly annual fees for 5 years , we come out with a loss . I think I am doing this right ? May have to talk to my accountant or attorney .
Didnt see this one coming ! Dang SC wants a piece of everything !

Also, I noticed in our paperwork that I do not see where we were charged an estoppel fee ? Assuming because Disney ROFRed our contract , there is no estoppel fee ?

Just wondering if you were experiencing the same things ........

Ok, got my papers. I did complete deduction of taxes and capital reserve and still have gain, I am happy I have gain but not happy with SC tax then federal taxes will have very little left in pocket. Yes no estopple fee as it was ROFRed.