My parents just moved to Portugal and gave me their house, fully paid off. Should we rent it, sell or move in?
From Yahoo Finance: 2025-05-08 21:40:00
Half of parents with adult children offer financial support, with some giving homes. Consider options like renting out the gifted house for extra income or selling it for a lump sum. Factors to weigh include potential rental income, property value appreciation, tax implications, and future retirement plans. Consult an advisor for guidance.