single purchase of apartment”maru obtained”money plan-3 increased down payment! strategy3—borrow from the parent

The 1 [lifetime giving] of the “down payment increase amount maneuvers”, you saw as the 2 [joint ownership name] to here, but how was?Were there maneuvers may be able to execute?If there is financial offer from the parents, house increasing, when borrowing amount of housing loan may be small, borrowing amount is little, proper thing also the payment of borrowing interest may be little, you can call the increase amount of down payment for the one where we would like to hold down entire payment amount, that they are the maneuvers of according to seori.But it does not receive the help from the parent to society, the fact that the one that we would not like to receive, is more is the actual condition.Then, as for the latest maneuvers “you borrow from the parent”, focusing on the thing among other things which it picks up to theme, would like to pay attention it keeps thinking of the maneuvers.

As for former down payment increase amount maneuvers, series article [down payment increase amount! Maneuvers 1- "lifetime giving"] [down payment increase amount! The maneuvers 2- please refer to the "joint ownership name"].

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As for financial plan of apartment purchase three

‘Down payment increase amount! As with maneuvers 2′ seen, financial plan when the apartment is purchased is thought three patterns below.

(1) payment in full is purchased with the cash
(2) supplying payment in full with housing loan, it purchases
(3) to purchase mortgages and cash and

(2) and (3) to make use of the mortgage ie, this means that housing funds to borrow from financial institutions. let’s rent from the parent rather than a financial institution lenders, it is called this strategy.

rent is return leads to

parent would be, others would be, borrowed must return. put borrowed from parent, not return. this is, rent instead of donation next will be subject to gift tax. return on the assumption that, if you do not advance the story of lending and borrowing following, the leak check items, is considered a gift after all the tax office, may be the gift tax and penalty to be imposed. must be handled carefully.

advantages and disadvantages of borrowing from parent

for borrowing from parent, consider the advantages and disadvantages.

merit
(1) as financial institutions, when there are no criteria of rent
(2) can be set relatively repayment method that suits you
(3) sense of security that the lender is a relative

on the plus side, it is possible that the above. although criteria such as financial institutions are not, side of the parents also surely if this child what is not an offer of financing after the internal review and. degree of filial piety and daily life attitude, criteria and be a destination to ensure a stable income, i might have severe financial institutions rather than. well then let’s consider the disadvantages.

demerit
(1) work is quite tedious also formats that are not considered for donation
(2) there is a borrowing, mortgage deduction not be applied
(3) such as automatic withdrawal from the salary, so basically not available,
repayment plan must be more precise and reliable

the main disadvantage is, the above are possible. the case of borrowing from the parent anyway, (1) it is also important that you do not put what is considered a gift of. strategy is not considered a gift for you to talk on the next page. demerit (2) is a story about the applicability of tax incentives. source of certain requirements from financial institutions, 10if borrowing was carried out using a mortgage of more than a year, depending on the amount of housing loans outstanding at year-end, based on a certain percentage of income tax will be refunded, it is called mortgage deduction is a system of. lender will be covered by this preferential tax treatment is in financial institutions, borrowings from parent are not eligible. and disadvantages (3) , repayment of debt to the parent will be done in making their own. and repayment of schedule disruptions decided in advance, may also be considered a gift rather than a debt. method of repayment can be reliably (such as automatic transfer) let my own twist to the.

in, concretely donation points for attention are not considered next page let’s look at a.

donation why are considered when trouble?

why, donation do i need a twist so that they are not assumed to. donation of funds from parent to child as the purchase of the apartment, 550million yen tax-free until the system becomes (heisei17target of mid-gifts) , although at the time of inheritance or settlement that is, if at the time of the donation of funds to acquire housing at least3,500gift tax system does not apply to ten thousand yen (housing funds for the acquisition relates to heisei17target of mid-gifts) include, when there is the burden of gift tax does not necessarily even in the donation. these incentives must be declared to the tax office either desuga.

because borrowing from parent, and without some reminder of the pay-as-you-go if the stance is, have claimed to have bought an apartment borrowed from the parent, 1there is no state and repaid yen! this is nothing more than a gift gift tax+penalty billy: what will be if you come from the tax office and. tax rate of gift tax is also fairly high level of tax in certain number of. the highest tax rate50%will also be. to hurry to the taxation of a sudden are visible. between parents and children, what a gift to borrowing and whether to, you will also need to check each other.

donation checkpoint are not considered for

in, donation instead of borrowing preparation required for claiming to be what is. please refer to the following points:.

(1) to create an iou
(2) set up a repayment plan that can be
(3) to set the interest
(4) fact of repayment (evidence) leave the
(5) tax office to check

to create an iou

iou is, there is no prescribed form. how much to anyone who borrow, how much interest with the, how much each time before, or to repay in any way. clearly and, signature and date stamp, perform etc.. to paste the revenue stamp postmark, in the notary office fixed date you got a seal of, closer to what a more formal way, such as there are several. equally important is the format, and repayment is the fact of its contents.

set up a repayment plan that can be

if you set up a repayment plan is, consider the environment from the standpoint of the parties of his income and borrow, without making a repayment plan that can be repaid, it does not make sense. if you pay off the repayment period stipulated in the, age of the parent150have reached age, is out of the question, such as. eventually, you would have no interest in what is determined to return.

to set the interest

because borrowing from parent, when you borrow at low interest rates and interest is zero or ultra-, pay interest to the parent and the actual amount of interest will be paid to the case usually borrowed (if zero is zero yen) be a difference in donation are considered to be. when setting the interest, let’s you to decide the interest rate on housing loans in the world. also, foundation says deduction of the donation amount110million yen (year) up so there will be no gift tax, there are ways that fit within the range, depending on how the payment is and how to determine, every year110million yen instead of 110million yen10year, total1,100gift of ten thousand yen it may also be considered, if you confirm that borrow from the parent, going to consult the tax office to write iou repayment methods and a good idea.

fact of repayment (evidence) leave the

this is, is very important. even though it is a proper matter how much i owe you., if there is no fact of repayment, also donation is. monthly, pay the amount was decided to account for the parent, evidence left behind is how secure it is safe and that the most.

tax office to check

what did you think more than. complicated, also because it is a delicate, ensure the tax office in advance, i seek the instructions it is better. how to create content and iou, repayment method, the amount of interest, such as, make sure each and every, i have heard i’ll leave that to note.

so far3that we have seen the increase down payment of one strategy, putting a lot of down payment can reduce the debt that the mortgage, has the benefit of, you can reduce the total amount of repayment. and that said, have all the money in hand hatay, if you put a good down payment or to, this is not the case and says. avoid extremes, then you need to come up with a plan appropriate funding.

(back issues series) single purchase of apartment”maru obtained”money plan
increased down payment! strategy1— gift before death
increased down payment! strategy2— share name

(related article&related links)
for tax is …
can also be used single! housing tax[1]
can also be used single! housing tax[2]
(expenses according to the purchase, in addition to tax) links
about how planning for the down payment money is …
(advice how to plan for a down payment of funds freshly kata) links
how to choose the apartment is …
(-purchase program – how to choose how to find an apartment) links
useful information of apartment purchase is …
[practical information associated with the contract and purchase orQ&A] links