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Family Relationships
Reply to "Parents' money, and favoritism / greed (vent?)"
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[quote=Anonymous][quote=Anonymous]The way your Parents manage Real Estate, they may be needing you and your siblings to help finance them in thier old age. [/quote] The parents owned 4 properties: primary, vacation, 1 rental , 2 rental. Those rentals provided housing for 2 of their 3 children. OP was NOT 1 of the 2 so got no adult era housing benefit [money] from the parents. [b]The parents are fine.[/b] Big deal if they unloaded THEIR rental property NOT occupied by a kid-adult child. The parents are/were financing 2/3 of the kids as adults. Given that if I were the parents [as I posted earlier] I'd gift money to the OP at the point she found a better house and needed it for closing/offer. [/quote]
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