Is this ethical.

[Webbo2]

Daughter dearest is married to a Staff Sargent in the Royal Engineers. They are currently in rented military accommodation however they have a house with a mortgage that they are renting out. The tenants have agreed to buy the house and daughter dearest is looking to buy something where they are currently stationed Scotland.
Mrs W in her scheme of things says we should get them to buy somewhere in Tuscany as they can continue spend their time in military acommadation.
I said all though air fares are reasonable at the moment they might not be in 10 years time. Mrs w said I wasn’t thinking of them, it was about the amount of time we could be spending there.😀

 

[twentysix by twentyfive]

👎

 

[blackrat]

Daughter dearest is married to a Staff Sargent in the Royal Engineers. They are currently in rented military accommodation however they have a house with a mortgage that they are renting out. The tenants have agreed to buy the house and daughter dearest is looking to buy something where they are currently stationed Scotland.
Mrs W in her scheme of things says we should get them to buy somewhere in Tuscany as they can continue spend their time in military acommadation.
I said all though air fares are reasonable at the moment they might not be in 10 years time. Mrs w said I wasn’t thinking of them, it was about the amount of time we could be spending there.😀

Is this ethical​

If you have to ask, you already know the answer.

 

[Webbo2]

Is this ethical​

If you have to ask, you already know the answer.

🤣🤣🤣

 

[Jameshow]

I don't know why ethics comes into it?

Why not persuade them to get a place in the sun? Free holidays for you and them?

No point having a place down the road tbh. The rental income is probably similar?

It's not like your doing benefits fraud, tax evasion etc?

 

[Wheelspinner]

I don't know why ethics comes into it?

Why not persuade them to get a place in the sun? Free holidays for you and them?

No point having a place down the road tbh. The rental income is probably similar?

It's not like your doing benefits fraud, tax evasion etc?

^ This is the correct answer

 

[Emanresu]

How about one of these in Tuscany. Son and wife are off there next week as it's one of their future plans. I don't discourage them.

https://www.idealista.it/en/vendita-case/siena-provincia/con-ville/

A doer-upper

https://www.idealista.it/en/immobile/28520329/

 

[sungod]

absolutely

it's return on investment in daughter 😀

 

[Dogtrousers]

Dunno about ethical but I think it's questionable advice. Owning property abroad is PITA at best and a minefield at worst unless you are intimately familiar with the language, laws, culture and customs of the area and are prepared to put in a lot of time.

Some friends of mine who worked as alpine guides in the French Alps bought a place there and discovered layers and layers of officialdom and regulations that proved incredibly burdensome. Not to mention the problems of servicing and maintenance at a distance. This was for two fluent French speakers who had lived there for a while. They were very glad to be rid of it.

 

[Stevo 666]

Dunno about ethical but I think it's questionable advice. Owning property abroad is PITA at best and a minefield at worst unless you are intimately familiar with the language, laws, culture and customs of the area and are prepared to put in a lot of time.

Some friends of mine who worked as alpine guides in the French Alps bought a place there and discovered layers and layers of officialdom and regulations that proved incredibly burdensome. Not to mention the problems of servicing and maintenance at a distance. This was for two fluent French speakers who had lived there for a while. They were very glad to be rid of it.

Good point.

I don't have problem with the ethics, it's more the practicalities. The Italians do love their petty bureaucracy and regulations. And managing it from afar will add an extra layer of PITA.

 

[sungod]

they buy it, you pay for a local to manage it

that's ethical 😀

 

[Ming the Merciless]

Daughter will be moved from base to base and won’t have ability to easily manage property abroad. How about you and your wife buy a property and let your daughter and husband use it for holidays?

 

[Dogtrousers]

Thinking about it, giving really bad advice that could cause all kinds of trouble for your daughter and son in law in the hope of benefitting from it ... Not terribly ethical

 

[gbb]

I don't know why ethics comes into it?

Why not persuade them to get a place in the sun? Free holidays for you and them?

No point having a place down the road tbh. The rental income is probably similar?

It's not like your doing benefits fraud, tax evasion etc?

I was reading and thought, what is unethical about the scenario ?
Unless OP is thinking his wife is being unethical promoting a move to Tuscany.

At the end of the day, the couple will make their own decisions...

 

[briantrumpet]

Agree with the point about doing your homework very carefully now. Even pre-Brexit there were significant CGT implications in France for furriners if they sold a property, and making wills/inheritance planning (though obviously that's not at the forefront of minds) might well not be straightforward (for example, a friend of mine whose husband suddenly died before the planned sale of their Brittany house is subject to French inheritance laws).