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RE: R2R Travelogue 8: Hearst Castle in San Simeon, California
You wrapped up anything in my mind since I started the first line at the end of this post @roleerob 😊 Thank you.. the only thing in my mind was "how can they manage the maintenance costs while they're not too wealthy anymore in this world😊" i dunno why.. nothing really impressive about wealthy people piles up their obsession into properties😊 but.. when you mentioned about "gave it to the state".. that's impressive😊 you know that not many people really love to share their properties to public unless they had no other option.
Thanks for sharing your journey with us😉 there must be many interesting part of the property that hardly existed in other place.
Good morning @cicisaja! Yes, even the wealthiest of us have their limitations. Once this man had passed into eternity, I imagine his family was more than a little "challenged" by what it was going to take to try and keep "The Enchanted Hill" going ...
Beyond maintenance costs, though, I would imagine a significant factor was also taxes. The State of California has the highest overall tax burden in America (just the prices I am paying for everything from gas to food is the highest of the trip ...). Hard to imagine what the annual property tax would be on a place like this one ...
I'm sure the Hearst family attorneys and financial planners worked out something with the State to get some sort of credit for this "gift," that in turn benefited them on their other properties in the State. In other words, they didn't just hand them the keys and walk off ... 😉
Back "out on the road" I go, as I am sitting here typing in my motel room, rather than be out on the beautiful Pacific Ocean coast on the Monterey Peninsula! 👋