"You've basically gotten $240,000 worth of house for nothing" if you deal with the tax load by getting a home-equity loan on it for $150,000, said Kristi Glass, a certified public accountant and tax manager for the accounting firm.
"I mean, most people don't have that low a mortgage on their house. ... So as long as you can afford the payments on the home-equity loan," you're still a winner, Glass said.
Bruce Anderson, executive director of San Mar, has an alternative solution: You can sell the house.
"I'm saying even if the winner was to turn around and put it on the market for $300,000, they would have no problem at all selling it," Anderson said. "With all this publicity, there's any number of people interested." risis.
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