irvinehomeshopper
Well-known member
Living in Irvine is expensive and could take a toll in your finance if you planning to send your kids to college. 99.99% of all Irvine applicants do not qualify for college grants, need base scholarship. A typical private college tuition plus room and board is around $64.
If you check the RE transaction records there are some fishy activities of home sales between the sellers and buyers having the same Asian last name. This trick is to sell the property to a trusted family member.
Parents filled out this universal form FAFSA where all colleges used to determine the students financial aids. Owning a home is a red flag, 401 k, saving account, prestigious address, high income, and stocks could deter the awarding of financial aids.
Over the course of 4 years a 1/4 of a million dollars could be gamed if one prepared the necessary steps 1 years prior to the kid attending college by selling their Irvine property to a trusted relative, transfer all accounts to family members, fake a divorce and grant custody to the non working spouse usually the stay at home mom.
This may sound like too much but I heard of this among parents at various commercial tutoring facilities.
7 years ago Irvine Renter discovered the unexplainable transaction records among Asians and at that time none of us knew the reason for for the weird activities.
My relative works at one of the many Chase Banks in Irvine and facilitated the account transfers among Asians.
Many Asians own business where there is no money trail such as cash. They have very little income and their employee usually a relative drawing a high salary.
Saving a quarter of a million dollars for some hassle of paperwork may be worth it and this white color crime is at the lowest risk of getting caught. If so this will not affect the FBI crime index that determine the safety of the city.
If you check the RE transaction records there are some fishy activities of home sales between the sellers and buyers having the same Asian last name. This trick is to sell the property to a trusted family member.
Parents filled out this universal form FAFSA where all colleges used to determine the students financial aids. Owning a home is a red flag, 401 k, saving account, prestigious address, high income, and stocks could deter the awarding of financial aids.
Over the course of 4 years a 1/4 of a million dollars could be gamed if one prepared the necessary steps 1 years prior to the kid attending college by selling their Irvine property to a trusted relative, transfer all accounts to family members, fake a divorce and grant custody to the non working spouse usually the stay at home mom.
This may sound like too much but I heard of this among parents at various commercial tutoring facilities.
7 years ago Irvine Renter discovered the unexplainable transaction records among Asians and at that time none of us knew the reason for for the weird activities.
My relative works at one of the many Chase Banks in Irvine and facilitated the account transfers among Asians.
Many Asians own business where there is no money trail such as cash. They have very little income and their employee usually a relative drawing a high salary.
Saving a quarter of a million dollars for some hassle of paperwork may be worth it and this white color crime is at the lowest risk of getting caught. If so this will not affect the FBI crime index that determine the safety of the city.
