Thursday, February 27, 2014
Radar is reporting that Kim and her husband have been hit with tax liens totaling $12K. In the whole scheme of things it is not a lot of money, but that is what is worrisome. If you bought a house for almost $1M and sunk another $1M into renovations and took out a line of credit of $300K to finish the renovations and don't have $12K to pay the tax man then you probably don't have much money. Maybe Kim thinks Kroy Biermann will keep playing forever and they can make up all their losses on his next contract. Maybe. There is also a chance he gets hurt again next season and never plays again and doesn't make much more money as an NFL player. Then what is he going to do? Oh, I'm sure he can get a real job. I think he might even make six figures in that job but it probably won't be NFL type money and it sure won't be enough to pay back the massive loans they have taken out or to pay their monthly expenses. Even if Kim lands a couple of seasons of a reality show. Lets be generous and give her five more years on reality television. With her expenses she will be paying off her bills fine but won't be saving anything. Within five years they will have to sell off their house and be living in a much smaller place and Kroy will be working two jobs while Kim will be traveling to any place that can give her a check while she tries to find someone who has a more consistent level of very high income.