How to Money cover image

Ask HTM - Waiting to Pay Monthly Bills, Whether Invested Dollars are Safe, & Buying a Parent's House #658

How to Money

00:00

The Benefits of Owning a Home

This could be a potential win-win situation because one of the perks of your parents selling directly to you is that they'll be able to save a solid healthy 6% since they won't have to pay any realtor fees. But there are just so many factors to play and if you don't see yourself holding on to the house long term there's probably not the best idea even if you're thinking that it'd be the nice thing to do as like a dutiful son. The sale would face more scrutiny by the IRS and to make sure that there isn't really any funding business going on.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app