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Parents helping with down payment on mortgage is standard middle class t/f?
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Date: May 23rd, 2018 8:05 PM Author: diverse space pisswyrm (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114949) |
Date: May 23rd, 2018 8:06 PM Author: Swashbuckling roommate point not true for boomers (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114951) |
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Date: May 23rd, 2018 8:09 PM Author: diverse space pisswyrm 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) |
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Date: May 23rd, 2018 8:09 PM Author: thriller gas station T. (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114971) |
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Date: May 23rd, 2018 8:20 PM Author: Bright violent field faggotry 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) |
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Date: May 23rd, 2018 8:29 PM Author: diverse space pisswyrm depends on location but likely umc (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115048) |
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Date: May 23rd, 2018 8:37 PM Author: exhilarant fighting striped hyena school True (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115090) |
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Date: May 23rd, 2018 8:38 PM Author: Beady-eyed chocolate locus alpha What’s your def of middle class income? (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115096) |
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Date: May 23rd, 2018 8:39 PM Author: Adulterous ticket booth sound barrier 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) |
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Date: May 23rd, 2018 8:48 PM Author: Amber Mad Cow Disease F (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115146) |
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Date: May 23rd, 2018 8:52 PM Author: nofapping titillating juggernaut principal's office 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) |
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Date: May 23rd, 2018 9:10 PM Author: thriller gas station 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) |
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Date: May 23rd, 2018 9:27 PM Author: nofapping titillating juggernaut principal's office 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) |
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Date: May 23rd, 2018 9:12 PM Author: Ultramarine lascivious den goal in life nah that's upper-middle (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115281) |
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Date: May 23rd, 2018 9:13 PM Author: thriller gas station 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) |
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Date: May 23rd, 2018 10:03 PM Author: Ultramarine lascivious den goal in life 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) |
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Date: May 23rd, 2018 10:20 PM Author: Bright violent field faggotry 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) |
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Date: May 23rd, 2018 9:13 PM Author: deranged jew national security agency 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. |
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Date: May 23rd, 2018 10:12 PM Author: appetizing carmine hunting ground XO FIL (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115635) |
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Date: May 23rd, 2018 10:21 PM Author: deranged jew national security agency 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) |
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Date: May 23rd, 2018 9:14 PM Author: razzle cyan deer antler false (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115289) |
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Date: May 23rd, 2018 9:17 PM Author: Very tactful domesticated mood https://amp.businessinsider.com/images/55242b9b6bb3f7b110fc827d-750-847.jpg (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115307) |
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Date: May 23rd, 2018 9:19 PM Author: bespoke ceo messiness My parents have millions and arent giving me a penny. (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115312) |
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Date: May 23rd, 2018 9:54 PM Author: magical bearded goyim site (baby goldstein) (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115500) |
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Date: May 23rd, 2018 9:55 PM Author: bat-shit-crazy plaza coffee pot Jews don’t give their kids money for down payments ? Flame (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115503) |
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Date: May 23rd, 2018 10:21 PM Author: Bright violent field faggotry 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) |
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Date: May 23rd, 2018 9:57 PM Author: soul-stirring abnormal house 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. |
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Date: May 23rd, 2018 10:03 PM Author: thriller gas station 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) |
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Date: May 23rd, 2018 10:04 PM Author: magical bearded goyim site i didn't get shit. does that make me lower class (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115579) |
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Date: May 23rd, 2018 10:11 PM Author: thriller gas station 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) |
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Date: May 23rd, 2018 10:31 PM Author: thriller gas station 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) |
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Date: May 23rd, 2018 10:09 PM Author: hairless cobalt windowlicker gay wizard Gift tax event when this happens? (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115612) |
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Date: May 23rd, 2018 10:17 PM Author: Cerise theatre $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. |
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Date: May 23rd, 2018 10:28 PM Author: thriller gas station 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) |
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Date: May 23rd, 2018 10:35 PM Author: Cerise theatre 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) |
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Date: May 23rd, 2018 10:14 PM Author: mewling light base laser beams 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) |
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Date: May 23rd, 2018 10:37 PM Author: seedy new version they would if they had the money (they don't) (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36115765) |
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Date: May 24th, 2018 1:10 AM Author: Duck-like black cuckoldry 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) |
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Date: May 24th, 2018 1:12 AM Author: Hideous water buffalo gaping lol fuck that. (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36116819) |