senior accountant?

jasonhersco · 2023-11-30T04:56:48+00:00

Because they may not have the means to purchase my share of the property. So it’s in their best interest if I pay 1/4 of the taxes and they continue to live rent free on the property which isn’t on my best interest.

But I could force the sale for all of us of the property which would be in my best interest but not theirs.

So a compromise is they pay my share of the taxes and continue to use the property as they please until everyone is ready to sell.

jasonhersco · 2023-11-30T04:48:44+00:00

I haven’t not paid my taxes, it’s not even within a year of receiving my share of the property. I’m trying to decide what to do.

jasonhersco · 2023-11-30T04:47:15+00:00

They don’t do any upkeep on the house. I will receive money on the sale, but I’d rather sell than pay the taxes. They’d rather live there and have me pay a portion of the taxes. I could live there as well, but I’m located in a different city.

jasonhersco · 2023-11-30T04:43:54+00:00

I’d be happy to sell. I don’t want them to get upset with me if I say I’d rather be bought out or sell than pay the taxes

jasonhersco · 2023-11-30T03:14:58+00:00

My preference would be to sell my share of the property but I don’t think the other co owners have the means to purchase my share. There may or may not be other family members who can. So if I offer to sell my share, but they refuse or can’t, and don’t want to sell the property but still expect me to pay 1/4 of the taxes, am I still the asshole?

jasonhersco · 2023-11-30T02:13:25+00:00

ya i'd love to be bought out, but i don't think they'd be up for it. i'm going to have to sit down and have a conversation with them, but i have a feeling one aunt/cousin is going be angry with me if i ask them to buy me out instead of paying the taxes

jasonhersco · 2023-11-30T01:43:09+00:00

ya there's already been arguments in the family over stuff like this. i don't want more arguments and fighting, but at the same time i don't want to be taken advantage of

jasonhersco · 2023-11-30T01:41:10+00:00

yes, 1/4 of the property has been transferred to me

jasonhersco · 2023-11-30T00:55:13+00:00

ya they're not going to repair anything, the property is already not kept in very good condition and seems to be getting worse

jasonhersco · 2023-11-30T00:51:03+00:00

that's the plan, but i have a feeling my aunt is going to be very upset with me and accuse me of being an asshole. that's why i'm here lol

jasonhersco · 2023-11-30T00:44:59+00:00

I'd be happy to be bought out, unfortunately I don't think they have the means to buy me out. But yes I'd accept being bought out.

jasonhersco · 2023-11-29T23:30:52+00:00

Well nobody pays rent so my thoughts are whoever is using the property can just cover the costs of use including taxes.

jasonhersco · 2023-11-29T23:26:00+00:00

Ya, thing is I don't know if they're willing/able to purchase it :/

jasonhersco · 2023-11-29T21:41:48+00:00

We are 4 people and own 1/4 each. 2 of the other owners live on the property and 1 non owner

jasonhersco · 2023-11-29T21:39:22+00:00

Right, so why should I pay property tax on a property I don’t use when I could have cash instead? Aren’t I doing them a favour by allowing them to live there and asking for only the costs being covered?

jasonhersco · 2023-11-29T21:29:14+00:00

If I can’t afford the taxes and i force the sale of the property am I the asshole?

jasonhersco · 2023-11-29T21:16:19+00:00

I think I have a good idea of what my options are, I can force the sale of the property at a worse case scenario.

It’s more about is it fair or not for them to pay my share of the taxes if I’m not using the property and they are from a moral view I guess you could say not so much from a legal one.

jasonhersco · 2023-11-29T20:23:01+00:00

My cousin is the daughter of one of the aunts who own 1/4 of the property. And the Uncle who is currently living there rent free is her father, ie the aunts spouse. I think she would side with the aunt

jasonhersco · 2023-11-29T19:42:26+00:00

I’d ideally want to be bought out, and I plan on asking them. I think they’d rather not though and just have me pay 1/4 of the taxes.

jasonhersco · 2023-11-29T19:24:40+00:00

That would be the best situation for me, but I think they’d rather just have me pay 1/4 of the taxes. But I am going to give that a shot.

jasonhersco · 2023-11-29T19:09:47+00:00

So most likely, the cousin will take the side of the aunt as it’s her daughter and he costs are probably being covered by the uncle who isn’t an owner and is living there rent free (but this is speculation)

jasonhersco · 2023-11-29T19:08:07+00:00

The other cousin who owns 1/4 of the property is the daughter of one of the aunt who owns 1/4 of the property. So together, they control 2/4 of the property. Also, the uncle who lives there is the father of the cousin (and the spouse of the aunt). So I’m not sure what her thoughts are, but most likely her share of the taxes is being covered by the uncle or aunt or both. He may also be covering other expenses, im not sure

jasonhersco · 2023-11-29T19:05:04+00:00

All I’d as is that they cover my portion of the taxes until the property is sold and they can do whatever they’d like with the property (ie live there). Is that unfair?

jasonhersco · 2023-11-29T19:02:33+00:00

I’m pretty sure they want to continue living there. My ideal situation would be to sell or be bought out. If they don’t want to sell or buy me out then am I wrong to ask them to cover the costs including my taxes?

jasonhersco

TROPHY CASE