Counting On stars Jim Bob and Michelle have been dealing with a tough phase in their life. They rose to fame because of their family of 19 kids. However, as per the current scenario, everything is going south for this couple. It all started when their son Josh Duggar came into the limelight because of his heinous crimes. Hence, now it seems that Jim and Michelle are struggling with severe financial crises as they are selling all their assets one by one. Recently, they decided to sell off their favorite Branson theater!
Counting On: Jim Bob Sold His Branson Theatre
Counting On stars Jim and Michelle are trying to survive against the odds these days. Their issues started when their son Josh Duggar was found guilty of possessing child pornography and had to go behind bars for the same. Since then, fans have been speculating that the couple is facing financial crises because of this infamous incident. Though Jim and Michelle have been reality TV stars for years and are big names in the real estate business, they seem to be having monetary issues. Recently, a source revealed that after selling a series of assets, this couple has now sold their famous Branson Theatre as well!
Recently, a noted blogger, Withoutacrystalball, revealed that Jim and Michelle sold their Branson Theatre in 2022. She revealed that they were intially “silent partners” of Freedom Encounter and then purchased the theatre before Josh’s arrest. However, by March 2022, they “unloaded” their property to new owners! Counting On fans were curious to know about the sale amount. But the source revealed that it is not known, as no records are listed for the March 2022 sale. Apparently, Jim and Michelle bought this theatre for around $2.4 million a few years before Josh went behind bars. Hence, it’s not clear if they had profit in selling their asset or if it was a deal of compromise.
Counting On: Jim Bob’s Attempt To Take Over Branson Has Officially Failed! Is It Because Of Josh?
Counting On stars Jim Bob and Michelle had to face a lot just because of Josh’s arrest. As per Katie Joy, who runs Withoutacrystalball, the former had his name listed as the real estate investor. He further was a board member when the Freedom Encounters production intially started in 2020. But Josh’s arrest has caused some serious damage to his father’s name and image. As per the current scenario, the source revealed that Jim’s name is no longer even on the venture’s website. Hence, in March 2022, the celeb ended up selling the property to Freedom Encounters Properties, LLC.
Katie claimed that now it is evident that Jim Bob’s desire and attempt to take over Branson has officially failed. However, fans believe that all this is happening because of Josh. A user wrote, “Since it was sold over a year ago probably went toward legal costs for Josh.” Another one pointed out that the Theatre is not the only thing they had to sell in the past. As per the reports, Jim had to put a 1979 trailer, a 2006 Dodge RM 3500, and also 2020 Yes Tandem on the market. They even sold off 5.80 Acres Of Their Family Compound. Viewers believe that something is surely not right, and Jim is struggling with monetary crises. Keep coming back to TV Season & Spoilers for all the latest Counting On tea.