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Reply to "Sell house in trust now or wait? "
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[quote=Anonymous][quote=Anonymous]Dad just moved into independent living community. House in trust for 10 years now but he won’t be moving back. Sibling wants to sell because there is no one taking care of it yet dad is still paying taxes, insurance - is there any reason not to sell? Parent doesn’t need money to cover the new apartment.[/quote] No reason if you don’t plan to rent it out…other than as an investment if you think annual appreciation is a better return after expenses vs taking the $$$s and investing. Probably unlikely that would be the case.[/quote]
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