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28-12-2012, 04:23 PM
I would like to provide another perspective on the symptom
There are cash-rich parents with adult child. The child is married and working, but combined earning of couple is less than $12,000 a month.
There is a great business proposition arises, they can combined fund to purchase a condominium with a great discount, and large cash rebate, but with several catches.
- The child has to stay-in, no renting out. Probably not an issue, focus on capital gain
- Only able to sell after 5 years. Probably not an issue, sufficient fund to sustain.
Isn't it a great business proposition between parents and child? The best part is they can do it twice, provided the child combined income does not exceed 12,000 a month after next 5 years
Please don't shot me due to its immorality if any
There are cash-rich parents with adult child. The child is married and working, but combined earning of couple is less than $12,000 a month.
There is a great business proposition arises, they can combined fund to purchase a condominium with a great discount, and large cash rebate, but with several catches.
- The child has to stay-in, no renting out. Probably not an issue, focus on capital gain
- Only able to sell after 5 years. Probably not an issue, sufficient fund to sustain.
Isn't it a great business proposition between parents and child? The best part is they can do it twice, provided the child combined income does not exceed 12,000 a month after next 5 years
Please don't shot me due to its immorality if any
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡