I don't even know where to start with this one:
- posted
14 years ago
I don't even know where to start with this one:
"The son, who also works as a political consultant, said he's lucky to be living in the house rent free. He also promises to keep his room clean."
...that's what they all say.
seen my son's room, but he is only 21 and did study in there a lot. ;!)
The 28 year old "boy" in the story however seems to be true to form.
My observations.
Is that against tax law down there inthe US of A?
Let's check in with Leon in another 5-6 years... with the current economy he may have the same problem! ;~)
John
Morris, it sounds like you may be a little skeptical. I will say both my sons' rooms stay pretty clean. But, the last one moved out over 16 years ago which may have some bearing on that.
At 29, the son maybe ought to be thinking about his own place. I didn't live with my parents for more than a couple of months after high school.
I don't know if it would be in this particular case but if you are given a place to live for free, it is a taxable benefit.
Yeah, we may be living with him! LOL
Heh - I was thinking more in the context of politicians and promises and mess-making and living off the efforts of others.
Yup - me too. By 26 I was in my own home and by 35 it was paid off (the guy I was working for told me doing that was "un-American").
How does that work with a stay-at-home spouse?
Are they all tax cheats?
What about a teenager with a part-time job, living at home?
Tax cheat?
I had to have my mother's name on the deed of my first house because I was only 20 when I bought it. I was able to get a mortgage myself though.
Offset by single person deduction.
Net sum zero.
Lew
It has to be a benefit in lieu of payment. Basically a benefit. If he is going to be a politician this perhaps could be construed as a contribution to his campaign.
28 year old son, living at home in his parent's basement and a political consultant. Since the story doesn't mention party affiliation, my bet is democrat.
Certainly "American"
Only from your employer.
Oh, bullshit, Mark.
I know several local parents heavily involved in their children's support, and, as one would expect in a heavily red state, they are invariably Republican. In blue states, they are probably most likely to be Democrats.
They all have one thing in common: stupidity, which has nothing to do with political parties.
Only from your employer.
Yes, but with this situation it would not be a far stretch, him being a political advisor and a member on the board of education and seeking a political career, to some how have worked a deal to be compensated for housing by his employer.
That's odd, my perception is that stupidity is a fundamental element of all political parties.
The person giving the free place to live is taxed on the income that should have been paid.
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