'My boyfriend wants me to invest in his home without putting my name on the deed'
I have lived with my sister in an apartment we rented together for the last three years, and have finally decided that it’s time to move in with my boyfriend.
‘Only his name is on the deed because we have a several hundred points difference in our credit scores. We will get a significantly better interest rate if it’s just his name.’ To that end, when I was starting out my parents gifted me with a lot of their leftover stuff when I got my first apartment, years before I lived with her: pots, pans, dining-room set, couches, etc. They were all given to me when I was getting started.
I also am putting a large chunk of money towards down payment and closing costs and don’t want to buy new items because I was guilted into it by my sister. In any other rooming situation, the person leaves with what they brought. Do I owe her half of the “house things” that were gifted to me by my parents or do I leave her with an empty apartment? I don’t think so, but my reasoning is more because she has not struggled in life in any capacity. I have. I know that is not a good reason. What are the reasons for or against?Giving him money without putting your name on the deed sounds like a very bad idea.
You, more than anyone, have learned that the space between adversity and our response is freedom. It might be nice for your sister for that space to contain a coffee table, pot or pan, or two.Do you have questions about inheritance, tipping, weddings, family feuds, friends or any tricky issues relating to manners and money? Send them to MarketWatch’s Moneyist and please include the state where you live .
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