Karey Wolstenholm was named the winner of the 2022 HGTV Dream Home located in Warren, Vermont. The new 3,090-square-foot home has three bedrooms and three-and-a-half bathrooms and comes with all of its furnishings.
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 is the winner of the 2021 HGTV Dream Home?
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.
Where in Warren Vermont is the HGTV Dream Home?
The 2022 HGTV Dream Home is located in Warren, Vermont, which sits just minutes from Sugarbush Resort, Mad River Glen, and less than an hour from Stowe Mountain Resort and Stowe, Vermont.
Can you sell HGTV dream home after winning?
If the winner chooses this option, they receive the associated prizes like the vehicles, cash, and furnishings, but HGTV retains the rights to the house. Usually, they sell the home to a private bidder.
What are the taxes on HGTV Dream Home 2022?
A: They will still owe the $950,000 income tax (federal and state) on the ARV. If they sold the DH for $1,900,000, then there would be no additional tax. Anything they sell the DH for over $1,900,000 (after selling costs) will be taxed as a short term capital gain at 35% federal and 8.25% state.
Do you have to pay taxes if you win the HGTV Dream Home?
All federal, state, and local taxes on the Grand Prize are Grand Prize Winner’s responsibility. The Grand Prize Winner will be issued a 1099 tax form for the actual value of the Grand Prize.
