Buying a house in cash for my son

brasso

theartfullodger said:

I brought my 3 sons up to be self-sufficient and to look after/ earn enough for themselves.  I've helped them each at various times but I'd never have bought them a whole property.  No offence to anyone but unless e.g. special needs it's not the prudent way for kids.

Best wishes to all.

Totally unhelpful response, and unnecessarily judgemental. The OP wants to help his son and is able to do so. With all due respect, what a different person may do in a different family and in different circumstances is neither here nor there.

canaldumidi

brasso said:

theartfullodger said:

I brought my 3 sons up to be self-sufficient and to look after/ earn enough for themselves.  I've helped them each at various times but I'd never have bought them a whole property.  No offence to anyone but unless e.g. special needs it's not the prudent way for kids.

Best wishes to all.

Totally unhelpful response, and unnecessarily judgemental. The OP wants to help his son and is able to do so. With all due respect, what a different person may do in a different family and in different circumstances is neither here nor there.

It was an opinon. All opinions are welcome here, whether you, I, the OP or other readers here agree with them or not.

It's helpful in as much as it offers another view. Up to the OP how much notice to take of it.

Far more unhelpful are posts (which we also see on the forum) offering advice based on inaccurate facts or erroneous law.

brasso

But it’s an opinion that’s of no relevance to the OP's question. He’s made a decision and is asking for clarification of the tax implications. Your opinion, that you’re a worthier parent than he is, is neither here nor there. It also seemed rather rude. Just my opinion, like.

MalMonroe

canaldumidi said:

brasso said:

theartfullodger said:

I brought my 3 sons up to be self-sufficient and to look after/ earn enough for themselves.  I've helped them each at various times but I'd never have bought them a whole property.  No offence to anyone but unless e.g. special needs it's not the prudent way for kids.

Best wishes to all.

Totally unhelpful response, and unnecessarily judgemental. The OP wants to help his son and is able to do so. With all due respect, what a different person may do in a different family and in different circumstances is neither here nor there.

It was an opinon. All opinions are welcome here, whether you, I, the OP or other readers here agree with them or not.

It's helpful in as much as it offers another view. Up to the OP how much notice to take of it.

Far more unhelpful are posts (which we also see on the forum) offering advice based on inaccurate facts or erroneous law.

No it wasn't an opinion, it was a judgemental and patronising statement that really didn't have anything to do with the OP's question. Nobody asks to be born and if I can help my adult daughter in any way then I'd love to be able to do the same as the OP. It sounds as if this OP's son is grateful and appreciative and the OP doesn't want or need the windfall. He has probably also been raised to be self-sufficient and to look after himself financially.  

Even if some posts on this forum are unhelpful or inaccurate or erroneous, we forumites are advised to check and check yet again for ourselves. To not take any advice as gospel and do our own research. We're meant to be friendly and helpful, though, not judgey.