Birmingham area has a superhuman

written by Ken Grodner

MAGIC CITY HAS A SUPERHUMAN

In my business, I have the opportunity to meet a lot of interesting people, but none as special as Birmingham’s Italian Stallion, Lou Scripa.

Picture of Lou Scripa

IIn my business, I have the opportunity to meet a lot of interesting people, but none as special as Birmingham’s Italian Stallion, Lou Scripa.


Lou and his wife Rose were considering a condo complex, and I had the good fortune to show them the property.

After spending the morning with Rose and Lou, Rose says to me, “You know, Lou holds a number of World

Records.”


I did not, and of course wanted to learn more.


I pulled out my phone and searched Lou Scripa, world records. 


All the while, Lou hasn’t said a word, just looking down at me from his towering frame with his eyes smiling. 


Shockingly, I learned that  Lou earned the following Guinness World Records. 

  • 104,538 jumping jacks in 24 hours
  • 41,788 leg raises in 12 hours
  • 110,015 crunches in 17 hours
  • 133,581 crunches in 30 hours
  • 160,974 sit-ups in 82 hours
  • 70,715 sit-ups in 24 hours or less

According to Franoi.com, these are fitness endurance feats accomplished by Air Force veteran Louis “Lou” Scripa Jr. between 1980 and 1992, and acknowledged by the Guinness World Records. 


Lou is quoted, “I was fortunate I had a lot of endurance. I could go for a long time. 


 “The main thing was concentrating on not getting cramps. People would throw ice in my mouth to keep me hydrated.” 


According to Scripa, his goal was “not so much the recognition as raising money for charity and good causes.” 
 

Scripa inducted into National Italian American Sports Hall of Fame 


Rose shared with me that Lou had been nominated for induction into the National Italian American Sports Hall of Fame and subsequently shared a copy of the nomination with me. 


According to  Franoi.com, Scripa, “joined the ranks of the National Italian American Sports Hall of Fame (NIASHF) last year, but was unable to attend the induction ceremony. Instead, NIASHF President Ron Onesti flew to Alabama to induct him in person, capturing the moment on videotape and airing it at the December gala.” 
 

War hero


In reading Lou’s nomination, I learned that Lou is the recipient of numerous medals for Military Service, Courage, Bravery and Gallantry. Among them, Silver Star, Bronze Star with “V” for Valor, Airman’s Medal for Heroism, and the Purple Heart for wounds suffered during the Vietnam War, where he served  as a paramedic for the US Air Force. 


Lou is also accomplished in Martial Arts, holding black belts in Judo, Jiu Jitsu, and Karate. During his military career, he taught Combative Measures to troops, both domestic and foreign. 
 

Raised millions of dollars in support of charities 


Lou has been responsible for raising millions of dollars in support of charities such as the Special Olympics, Diabetes Society, Make-A-Wish-Foundation, Women Escaping a Violent Environment (WEAVE), American Indian Relief Council and countless other causes.


 After completing a 23– year career in the military, Lou he went on to complete a second career of 24-years with the Aerojet Liquid and Solid Rocket Company in Sacramento California. 


Now 89, Scripa, who has been battling Parkinson’s disease, leads a quiet life with his wife, Rose, in their home in Vestavia Hills and loves living here! 


Just one more reason to be proud of our Magic City! 


Written by Ken Grodner, co-owner of Hospitality Network Group at Keller WilliamsHe grew up in Mountain Brook and graduated Magna Cum Laud with a BS Degree in Accounting from the University of Alabama. After working in finance for many years around the country, he returned home to Birmingham with his wife, Vikki, to become a realtor.



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As real estate continues to be one of the most effective tools for building and preserving wealth, many families are strategically using homeownership to transfer financial security to the next generation. By leveraging real estate investments, parents can provide both immediate support and long-term financial stability for their children. With home prices on the rise and tax laws evolving, proactive wealth transfer strategies can maximize benefits while minimizing tax burdens. Rather than waiting to pass on assets through inheritance, many parents are choosing to transfer wealth now by helping their children acquire property and enjoy it additional years of the benefit. Here’s how they’re making it happen. 1. Gifting a Home with a Structured Loan Forgiveness Plan A married couple can loan their single child $500,000 (or any other amount) to purchase a home, following the guidelines established by the IRS. This method allows parents to maintain financial control while gradually transferring wealth. Here’s how it works: The parents forgive an amount equal to the maximum annual gift tax exemption per parent ($19,000 in 2025) on the loan, totaling $38,000 per year. This process can be repeated annually until the full loan amount is forgiven. If the child is married, their spouse can also receive the same gift amount, effectively doubling the annual forgiveness to $76,000 per year. Over time, this strategy allows parents to gift a home while minimizing tax implications. 2. Buying a Home in Cash and Gifting It For parents who have the financial means, purchasing a home outright and gifting it to their child can be a tax-efficient way to transfer wealth. Here’s how it works: A married couple buys their child a $500,000 home in cash and gifts it to them. They file the required gift tax return, which falls under the lifetime gift and estate tax exclusion of $27.98 million per married couple (for 2025). This strategy allows for the immediate transfer of homeownership without requiring the child to take on a mortgage. Important Note: The lifetime gift and estate tax exclusion is set to drop significantly in 2026, from $13.99 million per individual ($27.98M per couple) to approximately $5 million per individual. This means high-net-worth families should consider making large gifts before the exemption decreases. Why Real Estate Is a Smart Wealth Transfer Strategy 1. Tax Advantages By structuring gifts properly, families can leverage the annual gift tax exclusion and lifetime gift tax exemption to pass on real estate with minimal tax consequences. Additionally, if the child holds onto the property, they may benefit from step-up in basis rules if the home is inherited later. 2. Long-Term Wealth Growth Real estate historically appreciates in value (on average 5% per year over the last 30 years), making it an excellent asset for wealth accumulation. By helping children buy a home now, families position them for financial growth through home equity. 3. Immediate Use & Stability Unlike other investments, real estate provides immediate utility—offering a stable place to live while also serving as a valuable financial asset. Start Building Generational Wealth with Real Estate Today As wealth transfer strategies evolve, real estate continues to be a cornerstone of financial planning for families. Whether through structured loans, gift exemptions, or outright purchases, helping your adult children acquire property now can be a powerful way to secure their financial future. If you're considering using real estate as a generational wealth transfer tool, contact The Hospitality Network Group at Keller Williams today. Our team specializes in guiding families through smart real estate investments that maximize long-term wealth potential. Hospitality Network Group at Keller Williams – Client focused . Performance driven The Hospitality Network Group at Keller Williams is honored to be part of a company that fosters a culture of excellence, empowering its agents to deliver unmatched service and expertise. This commitment to excellence is why Keller Williams agents consistently achieve results that set the standard in the industry. Whether you're buying, selling, or investing, our team is here to ensure your goals are not only met but exceeded. Trust the Hospitality Network Group at Keller Williams to guide you through every step of your real estate journey. Contact us today to learn how we can help you achieve your real estate dreams. Disclaimer: The information provided in this blog does not, and is not intended to, constitute legal or financial advice; instead, all information, content, and materials available in this blog is for general informational purposes only. You should consult your own legal, financial, or tax advisor and verify all information to your satisfaction prior to taking any action.
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