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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would buy out your dad's share too and make things simple. Unless you are going to spend money on a trust or other instrument, you cannot guarantee your dad won't leave his quarter share to a new love interest, a scammer, whoever, and then you are in a nightmare scenario of owning with a stranger and your sister. [/quote] +100. Buy the whole thing. And then decide if your dad can live there. Sign a rental agreement even if he just pays $100 a month so you can evict him if you have to do so years down the road. As someone whose dad remarried and it makes the estate thing a nightmare, protect yourself from this.[/quote] Yes I’d also buy out your Dad’s portion too. Maybe relieve him of showing up with actual cash and take a monthly “rent” instead of whatever you think is reasonable. You owning it solo seems much simpler in the long run than your dad owning some fraction of the house. [/quote]
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