Having a hard time meeting that big mortgage payment for the oversized place you probably shouldn't have borrowed to pay for? Well, relief might be in the cards. That is if you're willing to have a porno shot in your home.
Jerry Mendoza says he's willing to go to an extreme he wouldn't have before the real estate slump. It hit Southern California hard, with the median home price in a six-county region falling a record 34 percent in November to $285,000, according to research company MDA DataQuick.His four-bedroom house in suburban Burbank, which Mendoza built in 2006, didn't sell for the $1.3 million he asked, and when renters left in November he began leasing it for filming. The most he received for a day was $1,300, he said. So he posted an Internet notice that the property, which has an eight-person hot tub, was available to the adult-film industry, which he had heard pays as much as $5,000 a day.
What's more? Income from sporadic filming (under 15 days a year) is tax-free.
Film, Porn Shoots Sought by Los Angeles Homeowners Hit by Slump [Bloomberg]
Posted by guest , Jan 16, 2009 11:40AM
FIGHT ON CNBC - GASPARIN V THE WORLD. Again.
Posted by guest , Jan 16, 2009 11:41AM
Is there any way the death match between Kneale and Charlie G. can result in BOTH of them dying?
-Nominate me
Posted by guest , Jan 16, 2009 11:43AM
Thats ok Bess - do what you have to do - if you need a place to stay while they're filming at ur place let me now
Posted by guest , Jan 16, 2009 11:45AM
Stay the hell out of that hot tub.
Posted by guest , Jan 16, 2009 11:47AM
too Softcore - couldn't pop
Posted by guest , Jan 16, 2009 11:48AM
My place is available to the industry, for free. -BBW
Posted by guest , Jan 16, 2009 11:50AM
Looks like 1 or both of them need a serious trimming...
Posted by guest , Jan 16, 2009 11:53AM
too full of pubes -- didn't read
Posted by guest , Jan 16, 2009 11:53AM
@7 i just spit out my pepsi. hadnt noticed that shrub growing there
Posted by guest , Jan 16, 2009 11:57AM
Why is the rental income tax free? Your blurb states that "when renters left...". Clearly this was not his primary residence; so, the Masters exemption should not apply. Not an accountant, but...
Posted by guest , Jan 16, 2009 11:57AM
A penetrating look at Southern California's housing shrinkage.
Posted by guest , Jan 16, 2009 11:59AM
@11 - they pride themselves on a harder, deeper reporting style.
Posted by guest , Jan 16, 2009 12:00PM
anyone know why they always wear shoes?
Posted by Anal_yst , Jan 16, 2009 12:02PM
@ 13
Because for some strange reason unbeknownst to me its hot?
Also, what is the "silicon alley" of pron on the east coast, just out of curiosity?
Posted by guest , Jan 16, 2009 12:04PM
I got your big mortgage payment right here.
Posted by guest , Jan 16, 2009 12:08PM
I got your big mortgage payment right here.
Posted by guest , Jan 16, 2009 12:09PM
@9
Clarence,
When did you switch to Pepsi?
Anita Hill
Posted by Lowly Assistant , Jan 16, 2009 12:11PM
Anal,
I think it's under the Fens. Teeth are an accessory.
Posted by guest , Jan 16, 2009 1:26PM
Comment removed by moderator.
Posted by Conflicts of disinterest , Jan 16, 2009 1:29PM
@14 - That would be Pound Ridge
Posted by guest , Jan 16, 2009 9:26PM
14
There is no East Side equivalent of Porn Valley. To my knowledge, California is only state in the country that allows for adult film shoots. In every other state, all that amateur porn/ home video stuff is being done illegally. Which makes me sooo proud that I live in So Cal and get so see porn actresses walking the aisles of the supermarket with their gigantic, gravity defying boobs.
Posted by guest , Jan 16, 2009 9:34PM
21 here. Clarification needed- I should have said that California is the only state allowing for adult video shoots for commercial purposes. Skanky, amateur porn with over grown, crinkly pubic tumbleweeds is still legit, so long as the video is not sold for profit. Sex for money- classy and resourceful.