Personal Finance (Not Investing) • Re: Calculate fair payments when different payments on mortgage

Are you business partners or life partners? If life partners, how does paying off half a house make sense? The sheriff will sell the whole house if your life partner doesn’t pay on their half.

If business partners, maybe pay off your half and then buy the other partner out?

I don't need a life coach.

Maybe not, but you may need lawyers - and the plural is by intent.

A partnership in the legal sense can handle this. The trick here is to keep track of paid-in-capital and partner withdrawals.

You don’t ever track mortgage payments separately. Down that path lies madness.

Statistics: Posted by jjshoe — Sun Sep 15, 2024 10:55 am