‘This seems absolutely insane’: Our children pay rent on our investment properties. Our lawyer says they should still buy us out.
“They have already paid the mortgage. It makes no sense to require them to ‘pay’ it again.”
‘This feels like an opportunity’: I’m 55, earn $78,000 and have no kids. My mother gave me $10,000. What should I do?
“I also have $1,000 on a credit card, which will be paid in full next month.”
‘Where are we vulnerable?’ My husband and I are in our 50s. Our $450K mortgage is paid off. We have $500K in IRAs.
“We will not be downsizing our home, but we do have rental income of about $1,500 per month.”
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