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Personal Finance (Not Investing) • Re: Home for parents — Take from savings or sell home?

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Parents can sell the 4 plots worth 30k euro each. That gets them 120k euro. Let's assume nets less after sale and call that 100k euro. You can help them do this if they want it. That 100k euro gets put by Parents on small single story or with elevator house no garage yes they need to downsize(yousaid even with garagewould be only 200k so likelyless). They then have 600 euro mortgage. You are currently putting 2k into treasury bills so if your parents need some mortgage help you could easy help by decrease t bills. Also if they run your air bnb for you you might frame it as paying them for that.

Statistics: Posted by CaptainT — Wed Nov 20, 2024 3:34 am



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