That is what you would say if you went there after dark. I ride by there all the time and wondered why I had never noticed this $325k property. Evidently taters call crack houses regentrification.Dear God in heaven.
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That is what you would say if you went there after dark. I ride by there all the time and wondered why I had never noticed this $325k property. Evidently taters call crack houses regentrification.Dear God in heaven.
Here, maybe this helps. From one of your own, on a premium board (C&Pd to another board). The City of Florence bought multiple other properties on the same block in the same price range, and all appear to be earmarked for parks and public business construction (i.e., the grocery store mentioned below). If Thomas's father sold his business, it's a separate transaction. Find a selling price, and we can decide if somebody overpaid for it (if he even actually sold a business).That is what you would say if you went there after dark. I ride by there all the time and wondered why I had never noticed this $325k property. Evidently taters call crack houses regentrification.
I'm actually in Florence, too, and caught an exclusive pic of you doing work on this case.
All in good fun, amigo.
And I would have gotten away with it too, if it weren't for you meddling kids!
Anyone can get a car loan...ANYONE...just a matter of the interest you will pay.Here, maybe this helps. From one of your own, on a premium board (C&Pd to another board). The City of Florence bought multiple other properties on the same block in the same price range, and all appear to be earmarked for parks and public business construction (i.e., the grocery store mentioned below). If Thomas's father sold his business, it's a separate transaction. Find a selling price, and we can decide if somebody overpaid for it (if he even actually sold a business).
VBCock
Xavier Thomas's father never owned this piece of property.
The owner of the property, Woodrow V. Johnson, sold the property to the City of Florence, which in turn conveyed the property to a holding company for the purpose of constructing a grocery store in what remains a blighted area of the downtown district.
Now, I'm sure you folks can come up with good theories about how the City of Florence is somehow giving money to Xavier Thomas through the purchase of a property that no one in his family owned. I believe the mayor actually went to Clemson, gasp!
Now at one point folks here were sure that Nikki's Haley's appointment to the UN meant she was going to have his father's sentence commuted in exchange for his choosing Clemson.
Given the board has already misstated the difficulty of getting a subprime car loan, the mechanics of insurance policies, and has debated a US Attorney on the definition of money laundering, I greatly look forward to your next efforts.
I dunno, I wish I could see the rest of that thread. Conspiracy theorists are WAY entertaining, regardless of fanbase. We all have 'em.Anyone can get a car loan...ANYONE...just a matter of the interest you will pay.
What the heck is this about money laundering? That's a first!
You are correct. Scott W. Howard has been registered agent of Titus Touch, LLC since it's organization in 2003. It is a business management consulting firm located in Simpsonville.Geez give it a rest. A quick search of Scott Howard in Simpsonville reveals a facebook page of a Gamecock fan. Works at J & J and has one kid that goes to Clemson. The other two presumably attend USC. It appears he has been the registered agent since 2003.
Do you people know how to search the world wide web?
Geez give it a rest. A quick search of Scott Howard in Simpsonville reveals a facebook page of a Gamecock fan. Works at J & J and has one kid that goes to Clemson. The other two presumably attend USC. It appears he has been the registered agent since 2003.
Do you people know how to search the world wide web?
Not so sure about that. While the original premise may have been wrong (though it was a somewhat legitimate premise that the person who owned the business on a parcel of land also owned the land), if I lived in Florence, I would surely be questioning city/county leaders as to why they agreed to pay an obviously premium price for parcel(s) of land that the county had valued for much less....and which were supposedly valued within 5% of actual market value.Yeup....this thread makes me believe higher education isn't working as well as I thought
That is what you would say if you went there after dark. I ride by there all the time and wondered why I had never noticed this $325k property. Evidently taters call crack houses regentrification.
Yeup....this thread makes me believe higher education isn't working as well as I thought
Don’t know and don’t care. Maybe he thought gifting an asset that could be a revenue generating asset was helpful for the not-for-profit. That is a fairly common type of asset (revenue producing) to gift.
What if they offer him something absurd, like “hey, how would you like to play for a national championship?”The only asset he bought was Xavier Thomas to play football for Dabo.
Can't wait to see what this out of control win no matter what the cost sewer offers Dax Hollifield's family. He is now on the clock....
It's called gentrification. What will happen is investors will buy a lot of the land and businesses in the area to raise the property value on paper, then "donate" the property and land to a nonprofit run by the local government to keep the taxes at a minimum, then they will start building new, shiny buildings and raise the actual value while still having a relatively low tax rate. It's what's happening in Atlanta, DC, Detroit, and several other cities. This brings in the middle class and drives out the poor, thus making a killing on what is now considered prime real estate. But I'm sure this is happening all over the country to get Clemson recruits.
For the record, here's a letter to the editor days later about the gentrification of Florence:
http://www.scnow.com/opinion/letters/article_0544660a-18b8-11e7-9b1f-a33a6cebf95f.html
Recruit Dad had land that sold for 10x market value one week before commitment. Researched it and found it was nothing. What is embarrassing about that?
All we did was put the “Dad got paid through selling property” thing to rest with actual facts. Not sure how that is a bad thing.
No one knew that until it was researched. Now we know that in hindsight.His dad didn’t own the property .. darn now I have been sucked into it .
It probably would help to read the whole thread before responding. That fact was established awhile back....unless for some masochistic reason, you want to keep bumping this thread.His dad didn’t own the property .. darn now I have been sucked into it .
Welcome to the party after we figured out the truth. Everyone is a genius in hindsight.What a silly bunch of shit. Get a fing life
Because putting a grocery store in a crappy part of town is such a great idea. See Columbia, Harden Street. Closed within a year due to shoplifting.Here, maybe this helps. From one of your own, on a premium board (C&Pd to another board). The City of Florence bought multiple other properties on the same block in the same price range, and all appear to be earmarked for parks and public business construction (i.e., the grocery store mentioned below). If Thomas's father sold his business, it's a separate transaction. Find a selling price, and we can decide if somebody overpaid for it (if he even actually sold a business).
VBCock
Xavier Thomas's father never owned this piece of property.
The owner of the property, Woodrow V. Johnson, sold the property to the City of Florence, which in turn conveyed the property to a holding company for the purpose of constructing a grocery store in what remains a blighted area of the downtown district.
Now, I'm sure you folks can come up with good theories about how the City of Florence is somehow giving money to Xavier Thomas through the purchase of a property that no one in his family owned. I believe the mayor actually went to Clemson, gasp!
Now at one point folks here were sure that Nikki's Haley's appointment to the UN meant she was going to have his father's sentence commuted in exchange for his choosing Clemson.
Given the board has already misstated the difficulty of getting a subprime car loan, the mechanics of insurance policies, and has debated a US Attorney on the definition of money laundering, I greatly look forward to your next efforts.
I have no commentary to offer on whether this particular project in Florence is a worthwhile venture for the city or not, or any possibly applicable anecdotal evidence. My post was more regarding the nature of the sale and the involved parties.Because putting a grocery store in a crappy part of town is such a great idea. See Columbia, Harden Street. Closed within a year due to shoplifting.
That car wash would increase business ten fold if they'd just lose the "us" in its name.
No one knew that until it was researched. Now we know that in hindsight.
Just the “u” would be even better. I mean, what am I gonna do with just one?That car wash would increase business ten fold if they'd just lose the "us" in its name.
Non-profits seldom run "for-profit" businesses. It makes no sense for them to to so. They are taxed on the income of the "for-profit" aspect of the business, just like a regular business or if it is a seasonal type business they have UBIT (unrelated business income tax). If they receive property it is to sell, or to use as part of their non-profit purpose.
I can see that...and I would assume most of those "for profit" activities are of the non-active type, such as rental real estate.You are correct, but more and more NFP’s are struggling for funding so they are now taking income producing properties and paying the UBIT. It’s not common and most would prefer to sell the property, but its happening more often.
Geez ... you guys are getting sooo excited with your little sleuthing and its been really entertaining... as usual. But you might want to consider there are several ways to appraise the FMV of a property / business. The net income method would yield a value around $ 325,000 if the business generated net revenue just under $ 30,000 annually. But please continue your delusions.
*tooHello everyone, I am Scott Howard from Simpsonville and I am here to set the record straight.
Get real people. If you think I paid to much for this property and business you would really flip out if you knew how much I paid for crappier businesses in Florida in 2011. Grow TH up.
Has anyone ever stopped themselves and thought that Clemson is the absolute worst thing on earth? I have.
Welcome to the party after we figured out the truth. Everyone is a genius in hindsight.
I’m not calling you a tater but you sure do fit in with them.Please God never let this thread end. Please.