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All Forum Posts by: Nazia Feroz

Nazia Feroz has started 1 posts and replied 3 times.

Post: Home investment split

Nazia FerozPosted
  • Posts 3
  • Votes 0

HiJeff, is there a legal recourse? Can I talk to a legal professional? If so, who would that be?

Post: Home investment split

Nazia FerozPosted
  • Posts 3
  • Votes 0

Hi Jeff! Thanks for the input. The title is in all 3 of our names. The property is located in LA county, California. I get a feeling that they are not too keen on selling. They want to buy me out with the equity. Suppose that’s what happens, how to we figure out how much should I get?

Post: Home investment split

Nazia FerozPosted
  • Posts 3
  • Votes 0

Hi. I bought a home with my sister and my dad. We each put down equally for down payment and equally shared the mortgage payments until I moved to another country. I stopped making the monthly payments when I moved. My dad and sister continued with 50% each. We want to sell the house now and need to know how to divide the capital gains. After selling the property we are looking at $300k in gains. Or if my dad and sister want to buy me out, how much should I get?