Wednesday, July 23, 2008

WWE Diva Marlena (Terri Runnels) to Give Away House in Contest

At least this is one way of getting rid of your property if the home market in your area is getting beaten down.

That focus is what led her to create "Make the World Write," a national essay contest whose winner will win $100,000, as well as Runnels' personal home in Gainesville, Fla. That certainly an admirable prize in any situation, but what makes it more unique is how Runnels is trying to navigate the worsening housing market and economy.

"The reason I came up with this," says Runnels, "is because I was going to sell my house ... and the market is horrible."

I guess Terri Runnels gets a big tax writeoff for giving her house away in this contest. I'm not sure about Florida law so hopefully she has consulted a tax lawyer before she did this. I think this is a great idea because it gives a person the chance to live in a nice house in Florida and an extra $100,000 to help pay for property taxes. It is just a real wi-win. Who said these WWE Divas are dumb?

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