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Parenting

Aussie105

(6,661 posts)

5. Be hard headed about this.

Reply to groundloop (Original post)

Fri Dec 20, 2024, 04:10 AM

Dec 20

Make a list of all the money and time you have spent on the boat and convert your time spent to equivalent dollars.
Find out the value of the boat.
Deduct your costs from his half of the boat if you sold it.
Then pay him and keep the boat, or sell it. Your choice.

Personal: Stepson living thousands of miles away found out I had moved in with his mother. (Both our marriages failed at the same time and we teamed up. Doing ok 35 years later.)
Stepson offered to sell me his caravan, parked in the back yard of his mother's house.
Except it had rotted out and I had cut it up for scrap. Sorry kid!
(Didn't charge him for my labor or dumping fees though. Nice of me, right?)

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jxla

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Highlight:

Adult Son Financial Question [View all] groundloop Dec 20 OP

Offer to to sell your interest in the boat taxi Dec 20 #1

Me, I'd tell him to take it. multigraincracker Dec 20 #2

Did you both put 7500 in when you bought the boat? bottomofthehill Dec 20 #3

would you be interested in a new boat partner? mahina Dec 20 #4

Be hard headed about this. Aussie105 Dec 20 #5

If hes not pressuring you about it, id just wait and give him half of what it sells Karadeniz Dec 20 #6

I agree with this option. KarenS Dec 20 #7

Another thought KarenS Dec 20 #8