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Real Estate
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[quote=Anonymous][quote=Anonymous]OP here. We can afford to buy another house and keep the old family home. DS would like us to give it to him, not buy it. He does seem emotionally attached to the house, and asked us not to rent it out meantime. [/quote] That is preposterous. Under no circumstance should you give it to him. That is giving money away to the government for absolutely no reason. You should retain ownership and allow him to live there while paying the maintenance, taxes and insurance. This is still an incredible deal for him vs having to pay all this plus a mortgage, and he will still receive the house, tax free, when you die. If he cannot understand this he deserves nothing.[/quote]
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