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  1. V

    PROS & CONS ? Pregnant daughter in law wants us to move with them in our IP.

    Thanks Marg, It is not a bad option in my view but still lots of discussion is needed with my BH before we make any decision. and by charging half of the rent, I can not get any benefit as I will be paying 45% tax on PPOR's rent (no tax deduction).
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    PROS & CONS ? Pregnant daughter in law wants us to move with them in our IP.

    Thanks, Willair. I am thinking the same way. I will discuss with my BH.
  3. V

    PROS & CONS ? Pregnant daughter in law wants us to move with them in our IP.

    We haven't discuss that matter yet because my wife does not want me to ask or say anything as DIL is pregnant. I think, my wife will buy groceries, cooking, cleaning etc and I will be doing other household works and bills will go from our account. It will be a tough time for me, if we choose...
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    PROS & CONS ? Pregnant daughter in law wants us to move with them in our IP.

    Thanks Rug rat, I can not save tax as I am on 45% tax bracket. I need to pay tax on income of PPOR and can not get tax deduction. We have not thought of hiding anything, Just need a solution. Cultural back ground: East Asian
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    PROS & CONS ? Pregnant daughter in law wants us to move with them in our IP.

    Thanks for suggestions , My response of the questions are hi-lighted in RED. Thanks
  6. V

    PROS & CONS ? Pregnant daughter in law wants us to move with them in our IP.

    Thanks Twobosworth Yes, We have 2 more IPs but they are on one year lease and they are 5 BDR and 3 BDR. My daughter in law wants to live with us, she does not want to live separately till her delivery.
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