pb4uski's latest activity

It is an extremely odd set up. Technically, I think the OP could move on since he is a 50% owner (not that he would from what he wrote)...

Go now, 2 week's notice, done. Don't give them longer, or succumb to the request to stay longer, because then you start to get closer to...

Relative to what you have already accumulated, $125K is just a drop in the bucket, or "noise". It is a nothing. When we retired, we...

The only problem with a mortgage for a presumably temporary need like this is that the various fees and other costs of setting it up...

Not every form of "help" is actually helpful. If you always bail your child out of his self-made problems, he may never learn...

Fair point. In this case the OP's son can afford it. But if their illness had been more severe and/or longer then it could have...

I’m glad your son is on the road to recovery. I have not read all the replies, but, I worked in Healthcare accounting, many years ago...

You weigh your options and risks. If you are very risk averse, you wouldn't do it. But as long as you are not borrowing a significant...

That's why they only allow ~75% to be used as collateral.

I did a PALOC through Schwab for a few months in 2024 was not required to move assets in a separate brokerage account. I think in my...

The value of what you inherited is less than 50% of the $100k estimated value because the $50k is encumbered by the life estate (the...

From what the OP wrote, I think the other person's heirs would inherit his 50% when he dies and the life estate goes away. The life...

It sounds to me like the OP and this other person each inherited 50% of the property, but the other person has a life estate (right to...

You don't "need" to move anything. The PALOC, once you take a loan on it, will encumber a portion of your brokerage account... the...

You do not need to move your $1M brokerage account to "this line". You can still trade in your brokerage account, as long as the...