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Forum » Parents commercial property is worth around 10 million now
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Thread: Parents commercial property is worth around 10 million now

post 1643821173 07-28-2021, 07:58 PM
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  1. roughinhouse
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Parents commercial property is worth around 10 million now

They purchased it for 2 mil around 15 years ago. I'm entitled to half in the inheritance. Do i just go NEET now??
post 1643821363 07-28-2021, 08:01 PM
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Originally Posted By roughinhouse⏩
They purchased it for 2 mil around 15 years ago. I'm entitled to half in the inheritance. Do i just go NEET now??
Sorry bro Pocahontas and Bernie are going to confiscate your inheritance
Bidens a ****git crew
Super straight crew
Real join date 2012
post 1643821403 07-28-2021, 08:01 PM
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  1. OliverHeldens
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How much debt is on it?
post 1643821713 07-28-2021, 08:05 PM
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Too bad if you sell it your dollar will basically be decimated by inflation.

Smarter to hold it and leverage your equity for other investments, all while receiving income (assuming it’s generating income which I imagine it is if it’s worth 10mil).

Dead srs.

Edit: that is assuming you can afford to keep it after paying whatever inheritance tax you owe. I’d speak to a lawyer/cpa now and try to somehow get your name on it or get it in a trust to avoid getting wiped out by taxes.
post 1643821743 07-28-2021, 08:05 PM
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Originally Posted By OliverHeldens⏩
How much debt is on it?
None
post 1643821823 07-28-2021, 08:06 PM
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  1. roughinhouse
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Originally Posted By Coach
Too bad if you sell it your dollar will basically be decimated by inflation.

Smarter to hold it and leverage your equity for other investments, all while receiving income (assuming it’s generating income which I imagine it is if it’s worth 10mil).

Dead srs.
income is around 15k a month after expenses
post 1643822123 07-28-2021, 08:11 PM
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I hope your parents sell it off and then gamble away all the profits and leave you with nothing.
post 1643822383 07-28-2021, 08:15 PM
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It'll be seized by the government and distributed out to BLM people eventually. So I wouldn't count on that if I was you.
post 1643822523 07-28-2021, 08:17 PM
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  1. JustMoved24
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I’ll wack them tomorrow for 20%.

Sleep on it. Not srs






Semi srs
New York
post 1643822783 07-28-2021, 08:20 PM
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“Entitled”
Subscribe for extra premium content (no noodz sorry guys)
post 1643823063 07-28-2021, 08:24 PM
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just wait for your parents to croak and then inherit the house and then retire comfortably
post 1643823463 07-28-2021, 08:28 PM
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  1. roughinhouse
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Originally Posted By wooosh3⏩
just wait for your parents to croak and then inherit the house and then retire comfortably
I get the house as well (srs).
post 1643823783 07-28-2021, 08:34 PM
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#13
  1. roughinhouse
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Originally Posted By 8pieces⏩
I hope your parents sell it off and then gamble away all the profits and leave you with nothing.
even if i had 100 million on me right now, you're life would probably still be better srs
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