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Scarsdale's commitment to maintaining the house became clear when it fell into disrepair.
Maintaining the house, which has been appraised at more than $1 million, would require a substantial endowment.
Jones carried on paying the mortgage, maintaining the house and caring for the children, with little child maintenance being paid.
"The cost of maintaining the house was extensive, and there was concern about its actual safety," he said.
But these homeowners are now qualified to deduct expenses associated with maintaining the house and marketing it to renters.
In the meantime, he added, "the banks and loan servicers are putting the responsibility of maintaining the house on the local jurisdiction".
Similar(33)
Everyone helps maintain the house, doing laundry, cooking, cleaning.
"Initially I just tried to maintain the house," she said.
In these rooms, the seller maintained the house's original post-and-beam ceilings.
That is why, before Armando Planchart died, the couple established a foundation to maintain the house.
What has to be asked is, can you get endowment money to maintain the house?
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