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Mr Thick from Thicktown

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    Mr Thick from Thicktown

    If there are two properties 1 parent and 3 sons

    no good at maths I'm afraid

    The split on property 1 is

    Parent 50%

    3 sons equal share of remaining 50%

    Property 2

    Parent 25% & each son 25%

    as a % what is each sons total % of the combined properties

    TIA

    #2
    Originally posted by Benny View Post
    If there are two properties 1 parent and 3 sons

    no good at maths I'm afraid

    The split on property 1 is

    Parent 50%

    3 sons equal share of remaining 50%

    Property 2

    Parent 25% & each son 25%

    as a % what is each sons total % of the combined properties

    TIA
    depends on the value of the properties.

    Comment


      #3
      Originally posted by k2p2 View Post
      depends on the value of the properties.
      and how much the tax man wants.
      Fiscal nomad it's legal.

      Comment


        #4
        Originally posted by Benny View Post
        If there are two properties 1 parent and 3 sons

        no good at maths I'm afraid

        The split on property 1 is

        Parent 50%

        3 sons equal share of remaining 50%

        Property 2

        Parent 25% & each son 25%

        as a % what is each sons total % of the combined properties

        TIA
        I reckon the parent gets 37.5% and the sons each get 20.83%.

        Of course I could be talking utter nonsense.

        Comment


          #5
          Parent: 37.5%
          Each child: 20.83%

          Ah, Bunk got there first.

          Comment


            #6
            Originally posted by Bunk View Post
            I reckon the parent gets 37.5% and the sons each get 20.83%.

            Of course I could be talking utter nonsense.
            Only if the properties are the same value.

            e.g.
            Property 1 is worth £200
            Parent gets £100
            Each son gets £33.33

            Property 2 is worth £1000
            Parent gets £250
            Each son gets £250

            Total value = £1200
            Parent gets £350 (29%)
            Each son gets £288.33 (24%)

            Comment


              #7
              Originally posted by k2p2 View Post
              Only if the properties are the same value.

              e.g.
              Property 1 is worth £200
              Parent gets £100
              Each son gets £33.33

              Property 2 is worth £1000
              Parent gets £250
              Each son gets £250

              Total value = £1200
              Parent gets £350 (29%)
              Each son gets £288.33 (24%)
              Ha, see! I knew I was probably talking rubbish

              Comment


                #8
                Originally posted by Bunk View Post
                Ha, see! I knew I was probably talking rubbish
                No change there then
                +50 Xeno Geek Points
                Come back Toolpusher, scotspine, Voodooflux. Pogle
                As for the rest of you - DILLIGAF

                Purveyor of fine quality smut since 2005

                CUK Olympic University Challenge Champions 2010/2012

                Comment


                  #9
                  Depends on the values of the properties.

                  P1 is expensive, parental %age of total goes up
                  P2 is expensive, parental %age of total goes down

                  As P1 approaches 0, and P2 approaches infinity, parental %age approaches 25%
                  As P1 approaches infinity, and P2 approaches, parental %age approaches 50%

                  and the childrens = (100 - parental %age)/3
                  Last edited by Scrag Meister; 2 June 2010, 15:54.
                  Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

                  Comment


                    #10
                    Can I borrow 50k? Don't worry, it's not much money, it's less than £4. Thanks

                    Comment

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