Posted: 4:26 p.m. Saturday, Feb. 8, 2014
Can you imagine holding on to property with her ex seven years after you divorced?
Well, it probably wasn’t that difficult for Reese Witherspoon and Ryan Phillippe — they seem to have had an amicable breakup and of course they have two beautiful children together.
According to our friends at Trulia, they held on to a duplex they owned together to ride out the bad real estate market. And it paid off because the property sold for for $1.44 million — giving them a hefty $266,500 profit.
That’s good news for the former couple because both of them lost tons of money on other property. Reese just sold the Ojai, CA ranch where she married her new husband, Jim Toth at a loss of $816,500. And, Ryan lost $1,17 million when he sold his Hollywood Hills mansion in March 2013.