18. The HGTV Dream Home Giveaway
As a side note, it’s worth keeping in mind that HGTV really does give away a fancy, massive home to one lucky family each year. This is one of the parts of the show that are actually true, albeit that the network doesn’t show you what happens afterward, and the reality that faces the winners. For starters, painfully high taxes can be expected, and 40% of the value of the property goes to the IRS when submitting their next returns. A small amount of ‘HGTV Dream Home Giveaway’ winners have been able to actually hang on to their homes in the long run, opting to rather see the house as a vacation property, before getting rid of it in a bid to better manage their finances, and to avoid having to maintain properties that are inconsistently priced with what they are earning at work per year.
The HGTV Dream Home Giveaway
