Advice Wanted - Sell the Lakefront House or Keep it in the Family?

hd333 · 08-04-2020, 11:53 AM

Can you and your brothers convince your dad move and to keep the house and you guys carry the yearly taxes and upkeep for him, assuming you can swing it.

If so why sell unless your Dad needs the money to make the move to MA, in which case your assumed inheritance will get eaten up in the new house.

Would you rather inherit cash or an asset?

Ultimately it is your Dads decision to make, its his house.

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08-04-2020, 11:53 AM	#2
hd333 Senior Member Join Date: Jul 2014 Posts: 144 Thanks: 16 Thanked 48 Times in 29 Posts	Can you and your brothers convince your dad move and to keep the house and you guys carry the yearly taxes and upkeep for him, assuming you can swing it. If so why sell unless your Dad needs the money to make the move to MA, in which case your assumed inheritance will get eaten up in the new house. Would you rather inherit cash or an asset? Ultimately it is your Dads decision to make, its his house. Sent from my iPhone using Tapatalk