Reply to Inheriting house together with sibling...who wants to move in

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here again - To add, I think part of why she finds this so upsetting is that my family and I actually could afford to buy her out and live there if we wanted to. We just don't. So she sees it as us having had our opportunity and since we're not taking advantage, she should. Or something.

My parents spent a lot of time and $ "evening out" things between us so she'd have the same things as me/my family (paid for her car, grad school tuition, etc.) when I got them through working hard and taking risks. I'm not sure she realizes that's not how the real world works, though she is rational in other domains.[/quote]

So how much money DO you have?

If you have  millions and millions, I think you should consider letting her buy you out for less than 1.5 mil.[/quote]

Signed, Typical Moocher

NP here.  Ignore that poster, OP.  He's the same guy that will expect you to spring for dinner every time they choose a fancy restaurant WITH the fancy wine because THEY have champagne taste on a beer budget.  Their problem, not yours.

Your sibling needs to cough up the money or ratchet down their tastes, expectations and experiences, OP.  They are not at all realistic.

[/quote]

I'm the one who posted that. I'm not a moocher. I think it is probably in everyone's best interest to sell. But if the wealthier sibling had tons of money (like ten million), for the sake of family harmony, I'd consider selling it for less than market.

There might be gift tax implications of that tho. Not sure.[/quote]

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