Are they MILLIONAIRES?!


Question: Are they MILLIONAIRES!?
my parents own 2 houses that are worth app!. US $500,000 each!.

plus other money as well!.!.!.duhh

so are they millionaires!?

they're not paying for them!. in fact, i asked my mom if they were still paying for the houses and she said no

and

people live in their house and pay rent to my parentsWww@Enter-QA@Com


Answers:
Yes, assets are considered when giving total valuations of an individual!. However, if they have massive unsecured debt elsewhere, i!.e!. personal businesses, yachts whatever, then that deducts from the all the assets!. So who knows!. Unless you have all the checkbooks and all the information you will never know!.Www@Enter-QA@Com

YesWww@Enter-QA@Com

Yep, I would say so!. :-)Www@Enter-QA@Com

Im sorry what was your question!.!.its hard to find with all the bragging and boasting and stuff!. Maybe they could use their money for something GOOD!.Www@Enter-QA@Com

UMMM HOW OLD ARE!? VERY IMMATURE QUESTIONWww@Enter-QA@Com

Well, I don't know about millionares, thats when you literally have million(s) of dollars!. They are very "well-to-do", or "high class" though!.Www@Enter-QA@Com

they have moneyWww@Enter-QA@Com

I would say their net worth is at least a million!. I don't know if the money has to be liquid for them to be considered millionaires!.Www@Enter-QA@Com

Yes, on paper!.Www@Enter-QA@Com

what do you think!? you know them even more than we do, so why ask us!? ~idiotWww@Enter-QA@Com

yeah but unless their billionaires they are not special in todays marketWww@Enter-QA@Com

Not necessarily,

They have assets which equal 1-Milliion, but!.!.!.

You need to calculate how much they owe on everything else,
Credit card debt, loans, business, etc!.Www@Enter-QA@Com

If they have $1million in cash and/or assets, then um, of course they are technically millionaires!.Www@Enter-QA@Com

Sure I guess soWww@Enter-QA@Com

They have two houses that are supposidly worth 500,000 dollors, which when added up is 1MD so yes, they are millionares if this info is true!.Www@Enter-QA@Com

Yeah probably so!.Www@Enter-QA@Com

as if this question was really necessary,

get a life you orphanWww@Enter-QA@Com

they probably are millionaires, and if you are lucky, they will give you some lol!
?Www@Enter-QA@Com

not necessarily, they could be pretty rich, but not millionaires!. This is cuz the 2 houses could've been bought long ago, and slowly paid off!. The rooms they rent out could just be extra rooms and they are doing it as for extra money!. So, they might not be millionaires, but they still seem pretty rich!.Www@Enter-QA@Com

what kinda question is this stop braggingWww@Enter-QA@Com

Maybe, But only time will tell!.Www@Enter-QA@Com

yes
http://answers!.yahoo!.com/question/index;!.!.!.Www@Enter-QA@Com

Millionaire is someone who make generate income worth more than a million in a year!. It should happen every year!.

Does this statement suits them!?

Otherwise, they are rich, hehe!.!.!.Www@Enter-QA@Com

pfff my house is worth $700,000 foolery


teeheee

copyright 1234Www@Enter-QA@Com

No, millioniares!.!.!.!. they will probably tell you if they were!.Www@Enter-QA@Com

hey doll, how u doin!?!?!?










lol


j/kWww@Enter-QA@Com

YEP, OK TERRIFIC!.Www@Enter-QA@Com

Well, they have at least a million!.Www@Enter-QA@Com

NO!. millionaires have the money in the bank not just property worth the money!. Just because you own lots of real-estate or property doesn't make you a millionaireWww@Enter-QA@Com

No, this is not disposable income!. If they sold their houses and could then spend the money they would be millionaires!. I hope they are investing the money they are getting from the renters since it is common knowledge that to retire you need to have MORE than a million to live on!.Www@Enter-QA@Com



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