series: making a down payment funds to purchase basic course-wise NO.5 to borrow from the parent note here!

Composition: Water caltrop rice field elegance raw (“the money tax old guide who depends on All About residential purchase”)

“It is the chi [yo] u to be”, not to be, “lending,”

At the time of residential acquisition, the case that unexpected seems the many way you borrow the portion of residential fund from the parent.Of course, as the last time touched, if you can receive, the one which has utilizing the exception and the like of giving does not pay back and the amount which the te does not have, decisively it is toku.But, at the time of the residential acquisition for your own or your own family, perhaps in the parent the person who “it is the chi [yo] u to be rather than with saying, “lending the money,” with says the money”, is easy to say even the appearance somewhat.

By the way, also the parent participates in residential acquisition as one method in order to make of the fund of the parent come out smoothly, there is a method “of building two household residences”, but as for two household residences you say or that it is difficult in various sense, because the point which should note is many, in addition we will have decided to explain to another opportunity.In addition, one more, there is also a method, “joint ownership name” in the method of participating the parent in residential acquisition, but the next time we have decided this to touch.

So, “lending” to the parent, with saying, we have decided to keep trying being attached to the point of caution when you borrow the money.

There is a possibility of being regarded giving

lending and borrowing of money between the parent-child, sometimes prone graces both, at first, even though the returns properly, which becomes irregular, not as long as there is no possibility at length and would no longer repayment. thinking of the child and grandchildren living in households of parents guns, there is a strong possibility of becoming the state does not remind.

this would stop, from parent borrowed money instead of, money given to him becomes the, the gift tax may be imposed.

for example,, is money given to him500if ten thousand yen53million yen, 1,000if ten thousand yen231million yen, and, 2,000and ten thousand yen a, how720i need to pay a gift tax of ten thousand yen. further, so why not when it should pay taxes to the original declaration, it is also possible to come it takes additional taxes and delinquent tax.

borrowed the greater the amount that is to, burden when the session was considered a gift must be prepared to be a pretty heavy-weight. from the initial stage still, get what rent decide firmly that it would be important or.

methods and are not considered for donation is? next page let’s commentary is!

that1: make the iou

lending of money between parent and child in, the roe, by when, you must make it clear how you going to return. to do so put it signed a contract, such as money lending and borrowing is the best deed. because the format is free does not mean there is a certain format, date and amount, interest (interest rate) , number of repayment, minimum for an item, such as repayment date does not leak, i make reference samples are commercially available and would be good.

the way, instead of creating a contract and money lending promissory note, lending and borrowing of money (=consumption loan contract money) itself is valid. simply, third party (particular tax office) as can be seen also, in order to leave evidence that you should make.

that2: return with the interest

this is, is one of the items that should be included in the iou, the debt must be put on the interest of course. would you like to how much the amount of interest (=what the interest rate%would you like to) , when the interest you pay, that it is free.

but, the interest rate0% (without interest that is) are you going to the, may be considered a gift worth of interest. having said, what%determined that you should no more than, if the problem does not seem to be comparable to market interest rate. looking at the short-term fixed type mortgage products are handled by private financial institutions in recent, year initial interest rate0.5%it has been also appeared that the items, it seems that if there is no problem even with much lower interest rates set in the debt between parent and child.

that3: leave evidence that the returns

as long as it is a method of repayment method is also satisfactory to both parties, can be set freely. even if it is not every month, 2months once a month, there is no problem if you go and return regularly as once every six months. but, whether it is returning on a regular basis, you must have to understand.

most effective way to do so, to transfer money to accounts in the form of the parent bank or post office is a good. potential worry if you forget transfer, it also is one to transfer the money to keep a certain day each month automatic. for example,, in general the post office passbook (paruru) it automatically between remittances and1time140we came to live in the commission of a circle.

it should be noted, if you are concerned about whether the donation is equivalent to, you could also try to see at the tax office made a iou.

(back issues series)
NO.1: also with no down paymentMy Homeyou can buy?
NO.2: how much down payment do i prepare?
NO.3: easy calculation method to know the down payment required
NO.4: ultra deposit preparationC get

(related article)
increased down payment! strategy3―borrow from the parent (condo purchase of single life)