► Subscribe to our channel here: https://bit.ly/2RDJOoZ Follow Us Here: Instagram: https://bit.ly/2O9VDjZ Facebook: https://bit.ly/3dv2y47 Twitter: https://bit.ly/2Jcsgg1 Thanks for watching, have any videos you would like to see? Leave it in the comments down below! The Ace Family Leased their new home. Yes you heard that right the brand new Ace Family House is not owned by them which we think is smart. At the end of 2021 Austin and Catherine McBroom from the Ace Family were in the spotlight for their rumored foreclosure on their $10 million dollar mansion in the hills of Los Angeles County, California. In November of 2021 they released a video titled “Our House Story'' where they explained the rumors surrounding their mansion and why they’d be parting ways with it. Towards the end of the video was the first time they mentioned the new house they’d be moving into, which has been widely rumored to be an AirBnB or a rental by many creators such as H3H3. After extensive research we can confirm that the home they showcased in their house tour that was released in January of 2022 is in fact a rental property. The way we confirmed this was by researching local property records which are public knowledge and confirming that Catherine and Austin are in fact not the titled owners of the property. For privacy reasons we won’t be releasing any real information that could lead to a privacy invasion of the Ace Family and their landlords but we can confirm that owners of the property are an older couple that made their money in the home heating business. The home is a brand new construction that came to completion in 2021. The home sits on just under half an acre of land north of the 101 freeway in Los Angeles County, California. The home is surprisingly nowhere near as expensive as their previous home. The home has never been listed on the market as it went straight from being built to being leased by the Ace family. Because there is no prior sales that we can use to estimate the home's value we had to use comparable homes in the neighborhood and the tax valuation of the home which sits just shy of $1.8 million dollars. However in the current market we think this home’s value sits around $3 million dollars which compares to several similar homes in the neighborhood that sold in the last year for similar numbers. Since the Ace Family leased the home in an off market deal there is no information on what they are paying monthly to rent this gorgeous home. But again looking at comparable listings and homes in the area we can estimate they are paying anywhere from $20-30 thousand dollars per month for this stunning home. Looping back to why we think this is actually a smart move by the McBroom’s it’s for a couple reasons. First things first with the terrible ending and troubles their previous home brought them it makes sense to sign a lease in a home that doesn’t lock them into any more long term debt. Also they won’t have to deal with the major headaches of upkeep and repairs since their landlord will now be on the hook for that. The other reason is because of taxes. As creators their home is their office taking the words straight from Catherine's mouth. Why that is a good thing is they can lease the home in their businesses name and write off the cost of rent as a business expense lowering their income tax bill. The Ace Family also said in their “Our House Story” that they plan to have many more homes in the coming years. So that leads us to believe this home is most likely temporary and was just a quick fix to get them back on their feet. In comparison to their previous hilltop mansion this home doesn’t have the same stature the other home offered. However I think as far as a more homey vibe this home definitely takes that cake. To see the full tour of the home make sure to check out the Ace Families House tour over in their YouTube channel. I would love to hear what your thoughts are on the Ace Families new mansion by leaving it down in the comments sections down below. As well if you had a massive public foreclosure would you be so quick to show off your new home?