We deep dove into the rumor about Mary Cosby from RHOSLC having a home in pre foreclosure. Her home seen on the show is not the home that has a pre foreclosure document swirling the internet.
Mary (RHOSLC) primary home is not the one in pre foreclosure. A property they own (rental / investment property) is in pre foreclosure. (She has said in past seasons that they own rental properties).
Most likely their actual home is in a trust not their names -If you have money or a trust or LLC this is where it belongs. Sometimes it’s cheaper to send a property foreclosure than paying taxes.
That’s the pre foreclosure property she owns pictured. Some people cheat and send their houses into foreclosure to avoid taxes or take a loss on their taxes when they file.
Allegedly from bravoandcocktails.com
