From Dow Jones & Company:

A stepfather wonders if he is entitled to a portion of the profit from his stepson’s home sale after selling their own home to him at a discount two and a half years ago. His combined net worth with his wife is about $3 million. With his wife as a successful realtor, he feels he is owed a portion of the $250,000 they expect to make from the sale. What The Moneyist said in their advice is that, they are not owed anymore than a return of the loans made and their gratitude.

The main concern presented in the article is whether the set price for the discount on the house was fair, as now the stepfather believes he is owed a share of the profits. The advice given suggests for the couple to acknowledge that while the house value has increased by $250,000, that it was a fair price at that time and should retain the agreement as is.



Read more: We sold our home to my wife’s son. He’s now selling at a $250K profit. What now?