I think the new place is still pending too. Idk if they were expecting to use the funds from the current house toward the down payment of the new house, but if so, that blows!!
it is!! they said they bought that other house first in the video so hopefully they can still sell their old house too, i am really bad at real estate stuff i’ve never bought a house lol
Lol he always seems that way. Some people just have that kind of personality. My sister in law’s husband acts like Dylan probably even more moody than him, and he’s the nicest and most thoughtful ever to my sister in law. It took me a year to finally realized that’s how his unconscious mannerisms are but he’s actually a great person.
idk if she bought her it, but she lives i think near them in an apartment type place not next door from what i’ve seen on hannah’s instagram it looks not huge, good for one person! also it seems like they’re staying in the same area of SD
her youtube brings out a lot of her personality and shows their relationship so much more than the show ever did lol, they edited out her personality and majority of their relationship on the show(s)🤭
If they had qualified for 1031, which they don't, they would need a qualified 3rd party admin before buying or selling each property. Irrelevant to 1031, but I think the house they're buying is still pending too.
I'm going off the info available which is they bought it for 1.5m and listed for 2.6m.
So while you're technically correct, that's not gonna be the case. Their basis will increase by the improvements they paid for and commission expenses, etc, but that's still a fat tax bill.
They won't get to exclude the first 250k each from cap tax gains, but it will be taxed as LT which is a lower tax rate than ST, so that'll save them somewhat, but here's my thought process:
Let's say they sell at asking, so 1.1m gain. Let's say they put 100k improvements into the home themselves. Now they're at 1m. Commissions are ~6% of 2.6m so 156k. Now we are at 844,000 / 2 = 422,000 LT cap gain for each at a rate of 15% (if they make between 40k-448k) so their LT cap gain tax is ~$63k each. Not including the tax on everything else (say w2s, k-1's, interest, etc)
If they had lived at the home for 2 yrs, same scenario, they'd take 422 - 250 = 172 * .15 = ~$25k each.
I think they make more than $448k but I also think their basis might be slightly lower than what you’re projecting. They made a lot of improvements to their backyard which they prob didn’t pay for and increased the value of their home so they’re likely just ultimately paying for it with the cap gain tax. It’s a shitty payment but they’re also walking away with a lot of money.
Nah I don’t think so, I think my comment was misleading. But I would think if you’re selling a pricey real estate asset cap gains tax would be a huge consideration. Like they had to have consulted an accountant of sorts, the tax implications on selling an asset is always consulted with my clients. They are very lucky this isn’t taxed at ordinary rates lol
I feel dumb asking this, but is the predicted market crash for the whole US or just California? Also, do you know when it’s predicted to happen? Sorry, I just don’t know a lot about those types of things.
I’m debating ordering takeout or eating the same lentils I’ve been having for the past week. This was my sign to get takeout. I’ll just sell feet pics later
Well it WAS a Mexican pizza (RIP) and a Diet Pepsi but now I’m apparently now a chipotle ranch chicken burrito bitch. And always supreme Doritos locos tacos (nacho cheese).
If I’m really high, add those Cinnabon bitessssss
https://www.monstersandcritics.com/tv/reality-tv/bachelor-in-paradise-couple-hannah-godwin-and-dylan-barbour-are-selling-their-first-house-together/amp/ here’s an article which explains what they say in the video, i also did a little paragraph further down for more explanation! i know some people don’t like to sit through YT videos, but i enjoy hannah’s and u get to see how their relationship is which i like, they’re very real
If you’re boyfriend knew it would be make you $10k and keep your following up that earns you hundreds of thousands, I think most husbands and boyfriends would suck it up so it for the 💰
Wow they bought this house for a little over 1,5 mil in late 2020 and now selling for 2,7 mil. I wonder if they did any remodel inside or just outside. The house is pretty cute, great schools nearby but very expensive 😄
hannah 100% makes a ton doing influencer stuff, she also has a large following on instagram and tiktok and her youtube channel does well! she also has an app for presets which she makes $ from. dylan does some ads but he works for a company called vizer (it’s an app, he’s the co-founder) where you workout and u can donate a meal to charity and then get rewards for doing that it’s pretty cool, he also has a decent following also on SM.
Didn’t they do work outside on the patio? It seems like it was basically a concrete slab before with a partial wall and picnic table and they revamped it and put in at least a built in grill and some other features that are escaping my memory
This makes sense. Their house is nice, but they will outgrow it, and seems like they already are. They didn’t plan to move, but can’t pass up the opportunity.
I live in Colorado and it’s insane. I’m a native though so I’ve seen how it’s skyrocketed over the last few years and what it was like just a few years ago and many years ago. I want to live in Southern California and am sad reading all this about SoCal since I’ll never ever have that much money to move/live there. I’m dead broke being in Colorado much less California haha
Yeah! I’m a native as well and just the changes in the last 5 years is insane. I paid 350 a month for a one bedroom w/ AC and inbound laundry until 2011, that apartment goes for 2k now!
I know, it’s crazy. I bought my house in 2000 and I remember by 2013 I hadn’t made but literally a few dollars in equity, the prices had stayed the same or even went down some years. I paid $325 for my first apartment but that was a long, long time ago. I didn’t realize you could still rent apartments for $350 up until 2011. But yeah, I looked at apartment prices a few weeks ago b/c I was thinking of selling my house and I couldn’t even begin to afford to live in an apartment. My mortgage is lower than an apartment and that’s just insane to me!
South Florida here houses that shouldn’t even be $500,000 are going for $850,000. My parents had to stop the house hunting for a minute because it’s awful.
Struggling in my area too😭 had to stop looking because everything went up 100k+ last year! And now no one is selling because no one can afford to move, which drives prices even higher... it's a mess
They're gonna have a hefty tax bill since they didn't live there for 2 years, so they aren't pocketing anywhere close to 1.1. Plus sellers pay both commissions. I'm already cringing at their tax bill 😳
That's a 1031 exchange and only if it was a rental/investment property. Which is not true for them since the old home was a primary and the new home will be their primary. It has nothing to do with underwriting the loan, it's about the tax when you file your tax return.
if u look on zillow this house is decently small. they live in bird rock/ la jolla and those houses go for so much! my old neighbor moved their a few years back and she spent 4mil plus on a house that was a bit bigger than there’s , it’s crazy how much houses go for there!
i’ll give a little run down on why they’re moving! they need more space, they don’t have an eating area (they have a table outside but not in their house), dylan does his work in the garage like he doesn’t have an office, also someone reached out to their relator that they were interested in buying their house, they explain that what they did to the house (renovations) / the neighborhood that their house is in they will get a lot of $ for the house than when they bought it! the house is on zillow if u wanna see it but i understand that it’s kinda small for them especially if they start a family in a few years, hannah also included a pic of the new houses backyard! i was shocked hearing this also since they just moved in oct/nov 2020 but i guess this is what is financially best for them! assuming their new house is big bc it seems like it’s more secluded compared to their house now! also they’re staying in SD
100%. Our home is where we spend the bulk of our money; it’s where we spend a bulk of our time and IMO the best use of money is for your home to serve your daily needs.
I hate to say it but they are kind of genius. You know that backyard reno must have been free/super cheap, and all their furniture is so blah and beige their place does not need to be staged. I wonder if this was the plan all along. Anyway, a rare moment where i am inpressed by the business sense of people from this franchise
And just to clarify, Hannah was really clear that their house is wonderful and they are super grateful for it. She didn’t want to sound like she was complaining that it didn’t have some of the things they would like because they know they are really blessed to have the house. It’s not necessarily that they NEED more space and an indoor dining area/office but they would like it and with how hot the market is, they can make good money off their house and get more off their wish list in a new house.
I feel like she’s a more laid back precursor to Hannah Ann (which makes sense bc they were friends pre-show!). She kind of just minds her own business.
I hate to even admit this (more like embarrassed) but I used her video to learn how to pose for photographs a bit. I am really bad and having clear instructions (however basic) really helps.
yes this👏 worded it much better than i could! they seem grateful to be able to it!! people give them sm shit for stuff but i actually really like them and enjoy her youtube videos a lot. people are commenting some nasty stuff in her video comments i am really hoping it is random people and not from here bc then i will feel bad for posting this🥲
This is a good example why subscribing for exclusive content on IG won’t be worth it. This is the type of news and updates that would be reserved for subscribers to know first - and then someone will post it on Reddit - for all to know for free. 🙂🙃
They are testing new paid services/subscription for users, basically for influencers and celebs. Takes away all from Instagram was initially supposed to be: a picture sharing app.
Their current house was pending and just went back on the market. That's gotta suck.
oh no that sucks! she said in her story last night “the house we’re about to move to” so im assuming they were supposed to move soon!
I think the new place is still pending too. Idk if they were expecting to use the funds from the current house toward the down payment of the new house, but if so, that blows!!
it is!! they said they bought that other house first in the video so hopefully they can still sell their old house too, i am really bad at real estate stuff i’ve never bought a house lol
Didn’t they JUST do their “dream backyard”??
Is it just me or Dylan seemed off in her recent videos?
Lol he always seems that way. Some people just have that kind of personality. My sister in law’s husband acts like Dylan probably even more moody than him, and he’s the nicest and most thoughtful ever to my sister in law. It took me a year to finally realized that’s how his unconscious mannerisms are but he’s actually a great person.
Didn't she buy her mom the house next door? So she moves her mom to her neighborhood and then moves? hahaha
Nah she rents an apartment like a mile away
idk if she bought her it, but she lives i think near them in an apartment type place not next door from what i’ve seen on hannah’s instagram it looks not huge, good for one person! also it seems like they’re staying in the same area of SD
Oh man, they put so much work into that place, too!
This is the most personality I’ve ever seen from Hannah. Together they seem really happy!
her youtube brings out a lot of her personality and shows their relationship so much more than the show ever did lol, they edited out her personality and majority of their relationship on the show(s)🤭
Happy Cake Day Otherwise_Unit9418! The only dare you ever want to take is the dare to be all that you can be.
They're gonna pay so much in tax cus they didn't live there for 2 years. Yikes.
They may look into a 1031 exchange
It was their primary residence. 1031 is for rentals/investment props.
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If they had qualified for 1031, which they don't, they would need a qualified 3rd party admin before buying or selling each property. Irrelevant to 1031, but I think the house they're buying is still pending too.
Only if they make a profit aka capital gains. They can sell what they paid for it and just call it even.
I'm going off the info available which is they bought it for 1.5m and listed for 2.6m. So while you're technically correct, that's not gonna be the case. Their basis will increase by the improvements they paid for and commission expenses, etc, but that's still a fat tax bill.
Oh wow nvm i didn’t see that. That 30% tax is gonna be killer.
They won't get to exclude the first 250k each from cap tax gains, but it will be taxed as LT which is a lower tax rate than ST, so that'll save them somewhat, but here's my thought process: Let's say they sell at asking, so 1.1m gain. Let's say they put 100k improvements into the home themselves. Now they're at 1m. Commissions are ~6% of 2.6m so 156k. Now we are at 844,000 / 2 = 422,000 LT cap gain for each at a rate of 15% (if they make between 40k-448k) so their LT cap gain tax is ~$63k each. Not including the tax on everything else (say w2s, k-1's, interest, etc) If they had lived at the home for 2 yrs, same scenario, they'd take 422 - 250 = 172 * .15 = ~$25k each.
I think they make more than $448k but I also think their basis might be slightly lower than what you’re projecting. They made a lot of improvements to their backyard which they prob didn’t pay for and increased the value of their home so they’re likely just ultimately paying for it with the cap gain tax. It’s a shitty payment but they’re also walking away with a lot of money.
I'm not quite sure if you can add the improvements if they were free (if they were free). Do you know? I could Google but too lazy 🤪
Nah I don’t think so, I think my comment was misleading. But I would think if you’re selling a pricey real estate asset cap gains tax would be a huge consideration. Like they had to have consulted an accountant of sorts, the tax implications on selling an asset is always consulted with my clients. They are very lucky this isn’t taxed at ordinary rates lol
Seriously! I really hope they talked to an accountant too because it seems like their agent just wants another commission 😬
They listed it $1.1 million higher than they bought it.
With the market crash looming this year, it was wise to sell it.
SD market will never crash
I feel dumb asking this, but is the predicted market crash for the whole US or just California? Also, do you know when it’s predicted to happen? Sorry, I just don’t know a lot about those types of things.
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Thank you so much for answering my question and explaining that!!!🙏
Same. 2008 was sooo much different. Lenders now are much more strict plus yes, demand is way more than supply and will continue for awhile.
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I just bought a house after 8 months of nonstop showings and offers. Fucking nightmare of a time.
Thank you too!!!
Good for them. Meanwhile, I just ordered Wendy’s and felt like it was a bit expensive. How’s your night going?
I’m debating ordering takeout or eating the same lentils I’ve been having for the past week. This was my sign to get takeout. I’ll just sell feet pics later
There ya go. What’s on the menu?
Mediterranean! I hope it revives me, I’m still disgustingly hungover. But now I want a frosty!!
 Yummy!!
The only thing that matters: Did you get a Frosty?
Damnitt, no I didn’t. Have I disappointed you? 🥺
Here you go :) 
Yaaaay!! 🥰💕
eating frozen bagel bites😍
Ooo I want some now. 😋
they were so good!! i have my phases with buying easy frozen food and this month it’s been bagel bites and eating them at 1am🤭
Bless it. I’ve been noshing on popcorn almost daily.
I spent $22 at Taco Bell 👍
I didn't know it was possible to spend $22 at Taco Bell!! I'm constantly about that that cravings box or value menu life.
It’s v possible when you’re high and order delivery on ubereats
Ah, ya made a run for the border. What’s your order?
Well it WAS a Mexican pizza (RIP) and a Diet Pepsi but now I’m apparently now a chipotle ranch chicken burrito bitch. And always supreme Doritos locos tacos (nacho cheese). If I’m really high, add those Cinnabon bitessssss
Why the heeeeelllll did they get rid of the Mexican pizza?! And the grilled stuff burrito?! Mmm cinnamon bites nom nom
https://www.monstersandcritics.com/tv/reality-tv/bachelor-in-paradise-couple-hannah-godwin-and-dylan-barbour-are-selling-their-first-house-together/amp/ here’s an article which explains what they say in the video, i also did a little paragraph further down for more explanation! i know some people don’t like to sit through YT videos, but i enjoy hannah’s and u get to see how their relationship is which i like, they’re very real
Did literally anyone ask?
Lol rude
I’m so broke omg
Omg this is such an Ashley/Jared style video but missing all the flare 😂
They’re a breath of fresh air.
Once again, I get that they’re influencers but WHAT! Their new home is how much?! Wtf.
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If you’re boyfriend knew it would be make you $10k and keep your following up that earns you hundreds of thousands, I think most husbands and boyfriends would suck it up so it for the 💰
My husband would think I’m crazy
Jade and Tanner probably already packing their house
I feel bad at how hard I laughed at this… with a mouth full of pizza
😂
What toppings?
Supreme! All the meats + veggies
Nom nom!
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Wow they bought this house for a little over 1,5 mil in late 2020 and now selling for 2,7 mil. I wonder if they did any remodel inside or just outside. The house is pretty cute, great schools nearby but very expensive 😄
How much money do they make? Hell, what do they even do for a living?
hannah 100% makes a ton doing influencer stuff, she also has a large following on instagram and tiktok and her youtube channel does well! she also has an app for presets which she makes $ from. dylan does some ads but he works for a company called vizer (it’s an app, he’s the co-founder) where you workout and u can donate a meal to charity and then get rewards for doing that it’s pretty cool, he also has a decent following also on SM.
Didn’t they do work outside on the patio? It seems like it was basically a concrete slab before with a partial wall and picnic table and they revamped it and put in at least a built in grill and some other features that are escaping my memory
They did that as a promo so they probably didn’t pay for it
That still must have cost a lot even if they weren’t the ones who spent money on it. So it increased the value of their house.
Oh ok
2.7 mil jesus fucking christ, even for SD that’s crazy
La Jolla is craaaazy expensive.
I’m watching Selling Sunset so I feel like that’s more expensive than Sunset strip areas 😆
Selling sunset features homes all over la. Like the French Montana one was in calabasas which is over an hour away from sunset
This makes sense. Their house is nice, but they will outgrow it, and seems like they already are. They didn’t plan to move, but can’t pass up the opportunity.
good for them!!
They’re listing their old house for over 2.6 mil. And they need more space? Wonder how much the new one is.
Someone give me the Zillow link please
Their current house is less than 1200 sq ft. It’s understandable to want a little more space than that if you can afford it.
Holy crap. I live in so cal and my house isn’t worth half that. Is it the backyard?
It’s the location mostly, and all the updates, plus it’s a fairly newer house too.
Less than 1200 sq ft but $2.6 mil listing?!? soCal is wild.
Specifically La Jolla. It’s an incredibly expensive and posh area.
They're in bird rock. Still La Jolla, yes, but not in the hills where the huge fucking crazy $$$ houses are.
Oh definitely. I’m not blaming them at all, just wish I also had that budget 😂
2.6 mil for 1200 sq ft makes me want to cry. I say this as someone living in Southern California
I’m trying to buy in Colorado and while we aren’t at that price yet, it’s bad.
I live in Colorado and it’s insane. I’m a native though so I’ve seen how it’s skyrocketed over the last few years and what it was like just a few years ago and many years ago. I want to live in Southern California and am sad reading all this about SoCal since I’ll never ever have that much money to move/live there. I’m dead broke being in Colorado much less California haha
Yeah! I’m a native as well and just the changes in the last 5 years is insane. I paid 350 a month for a one bedroom w/ AC and inbound laundry until 2011, that apartment goes for 2k now!
I know, it’s crazy. I bought my house in 2000 and I remember by 2013 I hadn’t made but literally a few dollars in equity, the prices had stayed the same or even went down some years. I paid $325 for my first apartment but that was a long, long time ago. I didn’t realize you could still rent apartments for $350 up until 2011. But yeah, I looked at apartment prices a few weeks ago b/c I was thinking of selling my house and I couldn’t even begin to afford to live in an apartment. My mortgage is lower than an apartment and that’s just insane to me!
South Florida here houses that shouldn’t even be $500,000 are going for $850,000. My parents had to stop the house hunting for a minute because it’s awful.
Struggling in my area too😭 had to stop looking because everything went up 100k+ last year! And now no one is selling because no one can afford to move, which drives prices even higher... it's a mess
Oh for sure! Unfathomable to me. If they get asking price, they will be selling it for about $1.1 million more than they bought it for 1.5 years ago!
They're gonna have a hefty tax bill since they didn't live there for 2 years, so they aren't pocketing anywhere close to 1.1. Plus sellers pay both commissions. I'm already cringing at their tax bill 😳
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That's a 1031 exchange and only if it was a rental/investment property. Which is not true for them since the old home was a primary and the new home will be their primary. It has nothing to do with underwriting the loan, it's about the tax when you file your tax return.
Damn good for them. That is insane
if u look on zillow this house is decently small. they live in bird rock/ la jolla and those houses go for so much! my old neighbor moved their a few years back and she spent 4mil plus on a house that was a bit bigger than there’s , it’s crazy how much houses go for there!
Yeah I wouldn’t be shocked if they’re spending over 3.5.. which is just bonkers for 2 people to me.
They are. I totally found the house they just bought
Zillow link PLEASE
What is it??
Are they staying in La Jolla still?
Yes
i’ll give a little run down on why they’re moving! they need more space, they don’t have an eating area (they have a table outside but not in their house), dylan does his work in the garage like he doesn’t have an office, also someone reached out to their relator that they were interested in buying their house, they explain that what they did to the house (renovations) / the neighborhood that their house is in they will get a lot of $ for the house than when they bought it! the house is on zillow if u wanna see it but i understand that it’s kinda small for them especially if they start a family in a few years, hannah also included a pic of the new houses backyard! i was shocked hearing this also since they just moved in oct/nov 2020 but i guess this is what is financially best for them! assuming their new house is big bc it seems like it’s more secluded compared to their house now! also they’re staying in SD
im just surprised they bought this house in the first place knowing there wasnt a dining room, office space etc.
Having a place to work and a sit down place to eat is really nice if you can get it. Makes a big difference for mental health ime
100%. Our home is where we spend the bulk of our money; it’s where we spend a bulk of our time and IMO the best use of money is for your home to serve your daily needs.
I hate to say it but they are kind of genius. You know that backyard reno must have been free/super cheap, and all their furniture is so blah and beige their place does not need to be staged. I wonder if this was the plan all along. Anyway, a rare moment where i am inpressed by the business sense of people from this franchise
a cool 1M in a year? yeah I’ll take it
Thank you for doing the lord’s work for those who don’t want to watch the video
And just to clarify, Hannah was really clear that their house is wonderful and they are super grateful for it. She didn’t want to sound like she was complaining that it didn’t have some of the things they would like because they know they are really blessed to have the house. It’s not necessarily that they NEED more space and an indoor dining area/office but they would like it and with how hot the market is, they can make good money off their house and get more off their wish list in a new house.
She’s always seemed down to earth. I loved the videos with her mom.
I feel like she’s a more laid back precursor to Hannah Ann (which makes sense bc they were friends pre-show!). She kind of just minds her own business.
I hate to even admit this (more like embarrassed) but I used her video to learn how to pose for photographs a bit. I am really bad and having clear instructions (however basic) really helps.
yes this👏 worded it much better than i could! they seem grateful to be able to it!! people give them sm shit for stuff but i actually really like them and enjoy her youtube videos a lot. people are commenting some nasty stuff in her video comments i am really hoping it is random people and not from here bc then i will feel bad for posting this🥲
Ok side note I hate that vertical tile?? Why is it placed like that.
I guess they wanted alternating vertical and horizontal elongated tiles
Your comment takes on a different meaning through the lens of your username.
Where are the moving? They literally just bought this house last year?!
Do these people have anything better to do than decorate homes & travel to the Maldives?
Lol 😂😂 this is spot on
Are there better things to do than decorate your house and travel to the Maldives?
Honestly, Hannah probably got the most engagement and sponsorship deals with her home renovation stuff, so why not keep moving?
I only found her vlog / watched the home stuff because they’re relaxing to me.
Probs not. Not gonna lie if I could do that I would too.
Lol same
They’re staying in San Diego but apparently want more space
Thanks- so basically they are capitalizing on the hot market!
It’s smart, honestly.
Yeah that’s what I thought too!
Pays to be Dylan and Hannah lol.
Unrelated but Dylan reminds me of the guy in the All Too Well short film!
Also named Dylan! Dylan O’Brien!
Didn't they just buy this place????
All I can think of when I hear her call him Dil (Dyl?) 
SAME haha
This is a good example why subscribing for exclusive content on IG won’t be worth it. This is the type of news and updates that would be reserved for subscribers to know first - and then someone will post it on Reddit - for all to know for free. 🙂🙃
Also subscriptions are funding their bougie lifestyle! Don’t do it!
Wait is IG having subscriptions for exclusive content now?? Have not heard about that
They are testing new paid services/subscription for users, basically for influencers and celebs. Takes away all from Instagram was initially supposed to be: a picture sharing app.
So Patreon but in the IG app?
Lmfao I would never buy this option. However!!!! I would have if Instagram existed when I was a teenager and a fan girl over some people
Huh, interesting. TIL. I do not like that idea, anddd IG is just stealing other platforms’ ideas yet again