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Adult Children
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[quote=Anonymous]We are also helping our son buy a house because we can afford to do so and want him to live in a better neighborhood than he can afford on his own. Our situation is similar to the OP giving their child $600K to buy a house for $1M. In some neighborhoods in the DMV $1M only buys a small old house that needs work or a standard townhouse. (So no, I do not believe OP is a troll.) My question, how have people titled ownership for these house purchases (Titled in the child’s name, child and parent’s name, in a trust, etc.)? Does it make a different if the adult child is currently not married? [/quote]
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