Celebrity Realtor Josh Altman Says Ben & J Lo Will Take Loss in House Sale | TMZ TV
Josh Altman says Ben Affleck and Jennifer Lopez's mega mansion is appropriately listed at $65 million ... 'cause they're probably gonna take a hit, which is factored into the price.
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TVTranscript
00:00 Hey man, how you doing?
00:02 Alright, I'm good, I'm good.
00:04 Josh Altman says that J-Lo and Ben stand to lose about $6 million just to start when they're selling their house.
00:12 No matter what, when they sell this, they gotta pay the mansion tax.
00:16 Right.
00:17 The L.A. mansion tax.
00:18 How much is that gonna be?
00:19 5.5% of $61 million. We're talking almost 3.5 million bucks.
00:24 Let's talk about commissions, 2% each side probably.
00:27 You're looking at another 2.5 million dollars. You're looking at $6 million.
00:31 If they list it for $65 million, they're not even breaking even.
00:35 Assuming they get their price.
00:37 In our J-Lo and Ben documentary, Jon Peters, who is a big producer, he's lived this lifestyle.
00:44 He said, "Even if you're super, super, super rich, it goes. And you gotta be careful."
00:49 Why don't these big celebrities just live in a condo?
00:52 Your point's right. Like, a really palatial condo seems so much nicer.
00:56 With all the neighbors, you want J-Lo to get into an elevator with John Smith from 3A?
01:01 You won't live in Palm Springs, but you'll live in a flat?
01:04 You're the weirdest dude ever.
01:07 Thank you, Josh. Bye.
01:09 (upbeat music)