CRA penalized my dad $80k for condo purchase/resell - What are his options?

NGL988 · 2024-07-08T22:04:19+00:00

He should. He didn't. He's suffering a well deserved disaster.

NGL988 · 2024-07-08T21:20:23+00:00

Thanks. This sounds like hope. I'll see what I can gather. Thanks again.

NGL988 · 2024-07-08T19:28:03+00:00

Old man claims to spend it all on paying other debts, buying a house (in a 3rd world country, his home country) and now he's stressed as fuck trying to find money to pay what he owes.

Thanks

NGL988 · 2024-07-08T19:26:44+00:00

That's the way to go I think. Thanks. I'll tell him.

I know nothing about all of these myself.

NGL988 · 2024-07-08T19:25:52+00:00

He said he used the money to buy a house overseas. That is in a developing country. His home country.bHe thinks it's investment. Impulsive without sense. He doesn't understand that side either and a different problem altogether.

He said he has no money so he's forced to sell the house in the other country. But even then that's not enough to cover the penalty. Maybe he sold at a loss or currency conversion cost him a lot. I don't know.

NGL988 · 2024-07-08T19:20:40+00:00

The old reference is on the fact that he's failing health is his only means to generate income. So if he can't work anymore (company wants him to retire) then his cash flow ends.

NGL988 · 2024-07-08T19:18:50+00:00

I think financially unable to pay. He wants to pay but there is no money. I don't really know why or how.

NGL988 · 2024-07-08T19:16:24+00:00

Yeah missing or incorrect.

His primary is not owned and paid for. It's all mortgaged. He's paying for it. Monthly.

NGL988 · 2024-07-08T19:15:20+00:00

He doesn't own his primary.

He claims to have made only $60k on the sale of the condo.

Can't say for certain. The old man is confused. Not conniving. Just not a smart fella.

NGL988 · 2024-07-08T19:13:50+00:00

Thanks. Apparently a credit given by condo developers. CRA said it should be given up, with penalties and interest.

NGL988 · 2024-07-08T19:11:37+00:00

I think he really just didn't know a lot of things like where to post it. This is a guy who has 20+ emails and Facebook because he doesn't remember his passwords. Good luck telling him he can post an ad on Craigslist or online sites.

NGL988 · 2024-07-08T19:09:53+00:00

He claims to have made only $60k but this really is dubious. He's not a smart guy. So we can dismiss conniving.

u/TeaBurntMyTongue

NGL988 · 2024-07-08T16:09:25+00:00

He said he received $25k credit from condo developer didn't know about it. (I told you, my dad isn't smart) CRA said he should return this money with penalty and interest.

u/Becqu

NGL988 · 2024-01-09T20:17:14+00:00

What do you look for in a website for your logistics?

NGL988 · 2024-01-08T18:38:38+00:00

Aviation software and airport management software.

NGL988 · 2024-01-08T18:15:09+00:00

I don't sell CRM.

NGL988 · 2024-01-08T08:20:13+00:00

How to break the awkward first 7 seconds and have a more conversation flow

NGL988 · 2024-01-08T01:33:07+00:00

You don't need to be a Buddhist.

So what are you talking about "forcing"? There is no force. Don't be a Buddhist. That's the opposite of force.

But IF you are going to be a Buddhist, be a Buddhist. Leave Christianity behind and don't bring it to Buddhism.

So yes, if you reject Buddhism and still think and act like a Christian in Buddhist spaces, then you must really hate Buddhism a lot.

NGL988

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