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Reply to "husband wants to buy house with his parents"
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[quote=Anonymous]I think this conversation about scams and so forth might be drifting. OP herself says her ILs are good people, and who are we to think we know better? To me it sounds simpler and less nefarious. The ILs want a significantly nicer house than they can afford; DH wants to give it to them and has convinced himself it's a good idea, but it isn't at all (except for the ILs). While in all all probability DH and ILs would be going in with the best of intentions, I suspect this purchase would begin a slippery slope of also asking for rent breaks, assistance around the property, etc. etc. etc. And that's not including tax and inheritance ramifications. I posted earlier about this and think it's the biggest danger: that DH would cut his parents breaks on the rent - more and more over time as health bills and other costs mount - and OP would be stuck holding the bag on a house she doesn't want. [/quote]
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