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Family Relationships
Reply to "Co-owning the second home"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Co-owning a summer/weekend house like this is the end of so many family relationships. It is always a tension point, at best. Can you afford to pay for 1/2 of the furniture? If so, just do it. [b]If you literally can't afford it -- it will seriously harm you financially[/b] -- then that is the answer. "We can't afford this kind of expensive furniture and decor. We can't pay for half of this. You chose to do this, and we would not have agreed to it if you had included it in the expense accounting for the year." You didn't say in your OP that you can't afford it though ... which I'm guessing you would have if that is the case? In which case there is just a lot of judgment around the choice to spend so much? If that is so, just pay for half to maintain the relationship. Oh, and if you sell to them? NO DISCOUNT. Sell to them for FMV only. [/quote] So you allow people - family - to lie to you and take advantage of you, and only push back if it will "seriously harm your finances?" DO whatever you want, but I hope OP and her husband have enough sense, and self respect, to draw the line well before that. [/quote] You are way overreacting to what I wrote, for who knows what reason. Not sure why you think there are "lies" involved here. Bottom line is that if you have plenty of money, you don't let something like this blow up. It is not worth it (and could end up costing you more than 1/2 the cost of the furniture would have). [/quote] No way. It doesn’t matter how much OP has. Not the point. Say no-nicely, firmly, clearly. Expenditures need to be approved in advance, especially something as discretionary as new furniture. Do not engage in argument. It wasn’t on the list, no reimbursement. [/quote]
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