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Parents helping with down payment on mortgage is standard middle class t/f?

...
tantric laughsome home
  05/23/18
not true for boomers
violet nofapping goal in life
  05/23/18
my folks didn't help me at all in school; full scholly to ug...
tantric laughsome home
  05/23/18
T.
Smoky Stimulating Stage Double Fault
  05/23/18
What if they give me whole down payment? Is that UMC or stan...
supple chapel idea he suggested
  05/23/18
depends on location but likely umc
tantric laughsome home
  05/23/18
True
Translucent mind-boggling cruise ship dysfunction
  05/23/18
What’s your def of middle class income?
shivering geriatric cuckold
  05/23/18
standard middle class = parents spend your inheritance on cr...
Ivory Seedy House
  05/23/18
F
saffron useless forum
  05/23/18
False. Middle class is 50k a year combined household income....
Confused hideous ladyboy
  05/23/18
My parents and in-laws surprised us with 20%. Theyre not MC...
Smoky Stimulating Stage Double Fault
  05/23/18
Cr, baller weddings are for insecure women who have somethin...
Confused hideous ladyboy
  05/23/18
nah that's upper-middle
curious sepia affirmative action psychic
  05/23/18
So at what level do you expect them (particularly brides par...
Smoky Stimulating Stage Double Fault
  05/23/18
there's no 'level' it depends on whether the parents believe...
curious sepia affirmative action psychic
  05/23/18
The bride’s family typically pays for most of the wedding. G...
supple chapel idea he suggested
  05/23/18
false. my parents who are umc neither gave nor offered a...
180 Puppy Church
  05/23/18
XO FIL
Snowy school
  05/23/18
he is a good dude. i wish he was my dad and that my wife was...
180 Puppy Church
  05/23/18
false
big meetinghouse
  05/23/18
https://amp.businessinsider.com/images/55242b9b6bb3f7b110fc8...
fragrant deer antler voyeur
  05/23/18
My parents have millions and arent giving me a penny.
soul-stirring juggernaut parlor
  05/23/18
(baby goldstein)
puce swollen pozpig ratface
  05/23/18
Jews don’t give their kids money for down payments ? Flame
light depressive
  05/23/18
Jew here and they absolutely give down payments, but you sho...
supple chapel idea he suggested
  05/23/18
Completely and utterly false. You are UMC at a minimum if...
glittery insanely creepy field
  05/23/18
I dunno man. A trucker, mail room clerk, court interpreter ...
Smoky Stimulating Stage Double Fault
  05/23/18
i didn't get shit. does that make me lower class
puce swollen pozpig ratface
  05/23/18
I guess it a class thing. Like they had prole values and no...
Smoky Stimulating Stage Double Fault
  05/23/18
thinking about it a bit more, i can see a UMC parent thinkin...
Smoky Stimulating Stage Double Fault
  05/23/18
Gift tax event when this happens?
multi-colored idiot hominid
  05/23/18
$28k or whatever it is now will be exempt for the year. ...
hairraiser space dog poop
  05/23/18
the lifetime exemption is something like 5 million dollars. ...
Smoky Stimulating Stage Double Fault
  05/23/18
yup. So the answer is basically no gift tax. And that exem...
hairraiser space dog poop
  05/23/18
most millennials who buy houses in expensive areas are getti...
orchid community account point
  05/23/18
they would if they had the money (they don't)
Magical duck-like box office round eye
  05/23/18
this is everyone in California currently in their 30's that ...
Plum Flatulent Public Bath Windowlicker
  05/24/18
lol fuck that.
mint ungodly digit ratio cumskin
  05/24/18


Poast new message in this thread



Reply Favorite

Date: May 23rd, 2018 8:05 PM
Author: tantric laughsome home



(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114949)



Reply Favorite

Date: May 23rd, 2018 8:06 PM
Author: violet nofapping goal in life

not true for boomers

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114951)



Reply Favorite

Date: May 23rd, 2018 8:09 PM
Author: tantric laughsome home

my folks didn't help me at all in school; full scholly to ug; 1/2 scholly to LS + loans

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114969)



Reply Favorite

Date: May 23rd, 2018 8:09 PM
Author: Smoky Stimulating Stage Double Fault

T.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114971)



Reply Favorite

Date: May 23rd, 2018 8:20 PM
Author: supple chapel idea he suggested

What if they give me whole down payment? Is that UMC or standard MC?

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115020)



Reply Favorite

Date: May 23rd, 2018 8:29 PM
Author: tantric laughsome home

depends on location but likely umc

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115048)



Reply Favorite

Date: May 23rd, 2018 8:37 PM
Author: Translucent mind-boggling cruise ship dysfunction

True

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115090)



Reply Favorite

Date: May 23rd, 2018 8:38 PM
Author: shivering geriatric cuckold

What’s your def of middle class income?

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115096)



Reply Favorite

Date: May 23rd, 2018 8:39 PM
Author: Ivory Seedy House

standard middle class = parents spend your inheritance on cruises and HSN gadgets and nigerian scams

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115100)



Reply Favorite

Date: May 23rd, 2018 8:48 PM
Author: saffron useless forum

F

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115146)



Reply Favorite

Date: May 23rd, 2018 8:52 PM
Author: Confused hideous ladyboy

False. Middle class is 50k a year combined household income. If upper middle class, THEN it’s true.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115161)



Reply Favorite

Date: May 23rd, 2018 9:10 PM
Author: Smoky Stimulating Stage Double Fault

My parents and in-laws surprised us with 20%. Theyre not MC i would guess. I feel like you either get a baller wedding or down payment. We waited on down payment.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115269)



Reply Favorite

Date: May 23rd, 2018 9:27 PM
Author: Confused hideous ladyboy

Cr, baller weddings are for insecure women who have something to prove to their “friends” (i.e. people they secretly look down on and don’t actually like that much)

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115353)



Reply Favorite

Date: May 23rd, 2018 9:12 PM
Author: curious sepia affirmative action psychic

nah that's upper-middle

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115281)



Reply Favorite

Date: May 23rd, 2018 9:13 PM
Author: Smoky Stimulating Stage Double Fault

So at what level do you expect them (particularly brides parents) to pay for the wedding? I always thought it was a 1 or the other kinda thing. Has that changed?

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115284)



Reply Favorite

Date: May 23rd, 2018 10:03 PM
Author: curious sepia affirmative action psychic

there's no 'level' it depends on whether the parents believe in tradition

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115574)



Reply Favorite

Date: May 23rd, 2018 10:20 PM
Author: supple chapel idea he suggested

The bride’s family typically pays for most of the wedding. Groom’s family just lays for groom’s necessities and honeymoon. Extenuating circumstances notwithstanding.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115667)



Reply Favorite

Date: May 23rd, 2018 9:13 PM
Author: 180 Puppy Church

false.

my parents who are umc neither gave nor offered anything. my bus driver father in law who makes about $30k/year and barely speaks english loaned us $7k.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115288)



Reply Favorite

Date: May 23rd, 2018 10:12 PM
Author: Snowy school

XO FIL

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115635)



Reply Favorite

Date: May 23rd, 2018 10:21 PM
Author: 180 Puppy Church

he is a good dude. i wish he was my dad and that my wife was my sister.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115671)



Reply Favorite

Date: May 23rd, 2018 9:14 PM
Author: big meetinghouse

false

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115289)



Reply Favorite

Date: May 23rd, 2018 9:17 PM
Author: fragrant deer antler voyeur

https://amp.businessinsider.com/images/55242b9b6bb3f7b110fc827d-750-847.jpg

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115307)



Reply Favorite

Date: May 23rd, 2018 9:19 PM
Author: soul-stirring juggernaut parlor

My parents have millions and arent giving me a penny.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115312)



Reply Favorite

Date: May 23rd, 2018 9:54 PM
Author: puce swollen pozpig ratface

(baby goldstein)

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115500)



Reply Favorite

Date: May 23rd, 2018 9:55 PM
Author: light depressive

Jews don’t give their kids money for down payments ? Flame

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115503)



Reply Favorite

Date: May 23rd, 2018 10:21 PM
Author: supple chapel idea he suggested

Jew here and they absolutely give down payments, but you should do the right thing and pay them back.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115678)



Reply Favorite

Date: May 23rd, 2018 9:57 PM
Author: glittery insanely creepy field

Completely and utterly false.

You are UMC at a minimum if your parents are "helping" you with a downpayment, aka giving you tons of free money. I certainly haven't gotten anything.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115520)



Reply Favorite

Date: May 23rd, 2018 10:03 PM
Author: Smoky Stimulating Stage Double Fault

I dunno man. A trucker, mail room clerk, court interpreter and supermarket check out lady--all retired--cut us a 60k check for a down payment.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115570)



Reply Favorite

Date: May 23rd, 2018 10:04 PM
Author: puce swollen pozpig ratface

i didn't get shit. does that make me lower class

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115579)



Reply Favorite

Date: May 23rd, 2018 10:11 PM
Author: Smoky Stimulating Stage Double Fault

I guess it a class thing. Like they had prole values and not matter the money they saved...whereas umc people born that way and maintain it have certain values like a bootstrap mentality with kids. Which is fine generally but not really reflecting what boomers did to the landscape.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115624)



Reply Favorite

Date: May 23rd, 2018 10:31 PM
Author: Smoky Stimulating Stage Double Fault

thinking about it a bit more, i can see a UMC parent thinking "i gave tim everything he needed to be successful, at least successful enough to save a down payment on a house" and them actually being 100% right and justified in feeling that way whereas a working class parent may think "eh, he didn't have it too easy growing up. now i have a little i can give it." i know that's how my dad viewed it and i'm sure my FIL thinks the same way.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115719)



Reply Favorite

Date: May 23rd, 2018 10:09 PM
Author: multi-colored idiot hominid

Gift tax event when this happens?

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115612)



Reply Favorite

Date: May 23rd, 2018 10:17 PM
Author: hairraiser space dog poop

$28k or whatever it is now will be exempt for the year.

The rest could go under lifetime exemption from gift/inheritance tax.

Also, gift tax is paid by the giver.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115656)



Reply Favorite

Date: May 23rd, 2018 10:28 PM
Author: Smoky Stimulating Stage Double Fault

the lifetime exemption is something like 5 million dollars. most of the stingy bastards here will never have to worry about it.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115712)



Reply Favorite

Date: May 23rd, 2018 10:35 PM
Author: hairraiser space dog poop

yup. So the answer is basically no gift tax. And that exemption is per parent.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115749)



Reply Favorite

Date: May 23rd, 2018 10:14 PM
Author: orchid community account point

most millennials who buy houses in expensive areas are getting help from mom and dad. Most were renting with help from mom and dad too.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115638)



Reply Favorite

Date: May 23rd, 2018 10:37 PM
Author: Magical duck-like box office round eye

they would if they had the money (they don't)

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115765)



Reply Favorite

Date: May 24th, 2018 1:10 AM
Author: Plum Flatulent Public Bath Windowlicker

this is everyone in California currently in their 30's that is a homeowner

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36116811)



Reply Favorite

Date: May 24th, 2018 1:12 AM
Author: mint ungodly digit ratio cumskin

lol fuck that.

(http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36116819)