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Reply to "Buying housing for in-laws"
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[quote=Anonymous]We did this for my mom in 2021, and it’s worked well so far. She covers the mortgage, taxes, insurance, and utilities. She doesn’t pay market rent (it’s probably $700–$800 below) but if rent is below market, you should think about how repair and maintenance costs will be handled as you will have less of a buffer for those kinds of expenses.[/quote]
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