I'm Buying My Parent's Home For 50% of the Market Value! Still Put Down 20%?

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I'm Buying My Parent's Home For 50% of the Market Value! Still Put Down 20%?

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Комментарии
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"Buying my parents home for half the market value"
*The IRS has entered the chat*

elmateo
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Missed this Q&A so very excited to see a question answered by the kings of personal finance. Thank you!!

johnbru
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this channel must make so much freakin' money! you guys post a video everyday?

carpelunam
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I would buy it in a heartbeat. Wouldn’t care about the other steps unless they have major debt.

Camie
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Is there a tax or another penalty for selling a home, or any asset with a 50% discount?

threenines
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I wouldn’t buy my parents house at 50% of market value .. parents are still alive .. that’s offensive .. buy it for what it’s legit worth. JMO

blairkinsman
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You're in a tricky position to do that in the UK. Obvious Inheritance Tax avoidance scheme which is frowned upon.

johnristheanswer