Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Can you buy a house without a job?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op, welcome to DCUM where people love to see SAHMs be punished and assume they will live in poverty forever. When I divorced I was a SAHM for 11 years after working for about 15. 3 children spaced 2-3 years apart. I was able to get a mortgage with a down payment of $400k and my income was my alimony and child support (and don’t tell me that’s just for children’s school supplies or whatever or I will ask what part of your paycheck goes to just Gymboree) and it was fine. I got half his retirement, let that grow and will get half his SS. I was able to SAH for about 3-4 more years and now work full time. My husband was making ~ 600k throughout the marriage and I’m not hurting for money. [/quote] Your husband made close to $10M over the course of the marriage and you only got half a million is the point. OP seems to think she’s set for life or should be and even you - with a previous million-dollar household - went back to work in less than five years.[/quote] PP here. I’m not directly picking on you PP, but nowhere in my post did I say how much money I actually got from the divorce, how long we were married for, and what retirement I got. I got way more than $400k, that’s just what I put down on a house. Over all I got closer to 1.5 million and besides the $400k I’m not touching anything and the bank easily gave me a mortgage just based on alimony and child support. Its declared as income on a tax return as well.[/quote] This rule has since changed; since OP hasn't divorced yet and her decree will be in the future, she will not count alimony as income and her STBX won't get a deduction for it. It won't be on her tax return at all, which could make it harder to use it to get a mortgage, though there are other ways to document it.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics