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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: Curious Effete Voyeur (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36114949) |
Date: May 23rd, 2018 8:06 PM Author: mind-boggling hell 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: Curious Effete Voyeur 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: topaz offensive parlor cuckoldry 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: well-lubricated greedy lodge gaping 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: Curious Effete Voyeur 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: Odious generalized bond 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: Judgmental passionate macaca 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: wonderful startled location sweet tailpipe 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: maniacal appetizing jewess menage 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: electric quadroon roommate 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: topaz offensive parlor cuckoldry 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: electric quadroon roommate 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: aromatic stain water buffalo 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: topaz offensive parlor cuckoldry 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: aromatic stain water buffalo 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: well-lubricated greedy lodge gaping 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: bronze bearded sneaky criminal 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: heady resort 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: bronze bearded sneaky criminal 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: amethyst hairraiser office 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: Boyish native weed whacker 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: supple self-absorbed idiot site 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: cracking copper pozpig house (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: Opaque hunting ground brunch 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: well-lubricated greedy lodge gaping 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: Laughsome fat ankles whorehouse 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: topaz offensive parlor cuckoldry 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: cracking copper pozpig house 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: topaz offensive parlor cuckoldry 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: topaz offensive parlor cuckoldry 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: milky striped hyena 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: Bull headed gas station $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: topaz offensive parlor cuckoldry 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: Bull headed gas station 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: geriatric coiffed indirect expression son of senegal 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: Chest-beating Nighttime Rigor 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: Splenetic party of the first part ladyboy 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: Ungodly Abusive National Security Agency lol fuck that. (http://www.autoadmit.com/thread.php?thread_id=3984912&forum_id=2#36116819) |