Chapter 530: 530
Gun-Ho once heard of Jae-Sik's mother that she became mentally ill ever since she lost her second son . Gun-Ho had to be careful when he asked Jae-Sik about his mother .
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"How is your mother doing? Someone is supporting her financially?"
"She is doing okay . My father and I send her money regularly to support her living expenses . She is also getting an old-age pension even though it's not much . "
"Then she should be financially fine, right?"
Jae-Sik smiled in response to Gun-Ho's question, and he said, "She spent most of that money to pay for her rent . It's a two-bedroom unit in the basement, but it still costs her 150,000 won per month . She can't even dream to save money in the current situation . My father is making 1 million won per month . Out of 1 million won, he has to give 400,000 to the court and send 200,000 won to my mother . That leaves him with 400,000 per month, and that's his living expense for the month . "
Jae-Sik filled up his water glass with soju, instead of the small glass for soju, and drank it before continuing to talk .
"A 30 pyung large condo in Gangnam District, Seoul City costs 3 billion won these days, doesn't it? Whenever I encounter news like that, sometimes I feel the urge to set fire on those luxurious condo complexes in Gangnam District . Hahaha . "
"Hmm . "
"If I do so, I would easily get caught and arrested . I don't think I could even succeed in setting fire to them . I would get caught while carrying a bucket of gasoline to those condo complexes . I would be condemned harshly for the attempt . People would assume that I am a loser who doesn't try hard to succeed in society but rather chooses to blame the society for my current situation . "
"You are drunk, man . "
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"President Goo, do you know for whom law exists? It exists for the wealthy, definitely not for the poor . "
"You'd better slow down your drinking . "
"I once borrowed the money that I collected to make the alumni directory book of our high school . I collected 50,000 won from each person in our high school union . I was going to use it just for a short period because I desperately needed money at that very time; I didn't even have money to buy food and pay for rent . And my high school friends simply assumed that I deceived them to take money from them from the beginning, and they called me a swindler without even trying to understand my situation . Hahaha . "
"Let bygones be bygones, man . It's all in the past . "
"President Goo, I want to succeed in China . I will make it . I truly appreciate you for giving me this opportunity . I know I've owed you a lot even when we were in high school . I still remember that day when Suk-Ho beat me up so hard, and you were the one who stopped him . I indeed owe you a lot . "
Jae-Sik Moon filled up Gun-Ho's empty glass with soju .
"It seems that I'm the only one who is drinking here . Drink this . "
"You don't owe me anything . I actually received help from you, especially when we sold GH Logistics' property . The sale was very successful, and I thank you for that . "
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"Gun-Ho Goo! You are really a good man . I'm sorry that I sometimes talk to you in an informal way even though you are the owner president of the company that I work for . Well, you are an amazing person . Those people who did well when we were in high school, like Won-Chul Jo and Byeong-Chul Hwang, are nothing compared to you . They've been doing fine just because they have a family that supports them . But, you are a self-made successful man . I'm so proud that I have a friend like you . "
"Man, you are so drunk! Hey! Mr . Basement! This should be your last glass of soju for tonight, okay? You are too drunk now . "
"Hahaha . I sometimes miss that nickname, 'Mr . Basement . ' Excuse me, let us have one more bottle of soju, please!"
Jae-Sik ordered another bottle of soju .
Gun-Ho asked while placing well-cooked pieces of meat on Jae-Sik's plate, "I've heard that your mother has been suffering from some sort of mental illness after your little brother passed away . Is she okay now?"
"She was . That's true . She is okay now . She is hanging out with neighbors there . She seems to be doing fine . I saw her getting together with old grandmas there and peeled off bellflower roots' skin . "
"Bellflower roots?"
"Yeah, she makes petty money by preparing bellflower roots for a store or a restaurant . "
"Hmm, that could be one of the sources of income . "
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"It's not easy work though . The last time when I visited my mom, I saw her nails turning all black . Peeling off bellflower roots' skin seems to make the handler's nails like that . I want to be of help to my mom once I get settled, but with the rent that I have to pay for my place in Mangwon Town, it's not easy . You really need to own your place in this country . "
"I'm proud of you becoming the man that you are right now even though your family couldn't support you enough . You are talented enough to win an award with your full-length novel after all . You could have been more successful if you were luckier . "
"I don't believe I have a talent!"
"And, the reason that I wanted to have a drink with you today is that I want to compensate you . I made profits by selling GH Logistics' property, and I want to pay you since I used your name in the process . "
"You don't have to do that . I didn't do it to get paid . "
"That's not how it works considering the practices and customs and all that in the business industry . You might not feel it's enough, but I will pay you . "
"It's okay . "
"I spent 4 billion won in purchasing the land . "
"That's about right . The old auto repair store cost you 2 billion won, and you paid 900 million won for the 1,500 pyung large farmland, and subsequently, you acquired another landlocked property for 1 billion won which was 2,600 pyung large . And if you add all the fees and acquisition tax incurred in the process, it should be 4 billion won in total . "
"And then, I paid 300 million won for the land use conversion . The registration afterwards cost me 60 million won . Considering all other fees, taxes, and expenses to flatten the land and stuff, I need to add another 40 million won to the total cost . Therefore, the total cost including the land price and relevant expenses, I would say that it cost me 4 . 4 billion won . And, we are selling the land for 6 . 5 billion won, which would leave me with the profits of 2 . 1 billion won . "
"You will need to pay enormous capital gain tax for that profit . "
"My guess is that I will have to pay half of that money . Since I have possessed that land for a short amount of time, I wouldn't be qualified for the benefits given to the long-term land owners . If I assume that I would have to pay 1 billion won for the tax, I will be left with 1 . 1 billion won in my hand . From that 1 . 1 billion profit, I need to deduct the loan that I took out earlier in order to purchase GH Logistics' heavy equipment and trucks . It's 720 million won . In the end, I will be left with 300 million won . "
"Even though you are selling the land for 6 . 5 billion won, you wouldn't make much . "
"It's still a lot of money . It's 300 million won in cash . Also, I have a transportation company with 27 vehicles, and it's a loan-free business . I do thank you for the profits that I made with GH Logistics . "
"I didn't do anything . "
"Let me be direct with you on this . I want to pay you for the effort that you put into this transaction and for letting me use your name . I will buy you a small condo in Incheon City . "
"What? You are buying me a condo?!"
"Of course, you deserve that . You had to change your residential address to buy that farmland, and you played a key role in the transaction . Once you have your own condo, you can support your parents financially, and it will give you peace of mind to a certain extent . So you will be able to focus better on the work once you get to China . "
"That's nonsense!"