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Money and Finances
Reply to "Mingling funds and prenup"
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[quote=Anonymous]It sounds like your family (at least DH and kids) got to use the property for free for about 20 years (if your kids are now college age). That's a pretty huge benefit. How much would it have cost to have rented a vacation house for all of that time? This also sounds like a "hobby" for your DH and it is totally fair for him to get to spend some money on recreation. If the amount due is more than you can afford as a family, then your DH needs to tell this to his family. But I'd consider small-ish annual contributions equivalent to "rent" for your DH and kids to vacation there. He's not purchasing equity but paying his share of upkeep, which should be less than renting an equivalent property on the rental market (as you'd also be paying towards principal and profit).[/quote]
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