Re: Land sales and family
[Re: TurkeyTime]
#6663989
11/12/19 07:18 PM
11/12/19 07:18 PM
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Joined: Sep 2012
Posts: 7,236 West Michigan
Getting There
trapper
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trapper
Joined: Sep 2012
Posts: 7,236
West Michigan
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I try and not do business with family, but you and your grandparents had come to an agreement. It should have been honored in my book
To Old U.S. Army 60-63 SGT.
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Re: Land sales and family
[Re: TurkeyTime]
#6664188
11/12/19 10:15 PM
11/12/19 10:15 PM
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Joined: Dec 2007
Posts: 5,514 juneau, alaska
alaska viking
"Made it two years not being censored"
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"Made it two years not being censored"
Joined: Dec 2007
Posts: 5,514
juneau, alaska
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Sell it, split it, and be done.
Made it almost 3 years without censor!
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Re: Land sales and family
[Re: TurkeyTime]
#6664356
11/13/19 02:40 AM
11/13/19 02:40 AM
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Joined: Jan 2007
Posts: 840 Pleasant Prairie, Wisconsin
trapper234
trapper
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trapper
Joined: Jan 2007
Posts: 840
Pleasant Prairie, Wisconsin
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I just filed a lawsuit against a once good friend I considered my son. We had a verbal agreement and he ripped me off for $12,000.00. I did everything for this kid and he stuck it to me. Very sad! It will be hard to trust anybody after this.
Life Member WTA Life Member NRA Member NTA
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Re: Land sales and family
[Re: TurkeyTime]
#6664435
11/13/19 07:46 AM
11/13/19 07:46 AM
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Joined: Jan 2012
Posts: 2,967 Ohio
OhioBoy
trapper
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trapper
Joined: Jan 2012
Posts: 2,967
Ohio
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This would have put you in a position to do something about it. Yes you send him a check for the 20% income but he owes for 20% of the costs too. Thats a 20% off coupon to drive him out. New combine? Yep. Hey I need my 20%. New Barn? Yep. Hey I need my 20%. New Truck? Yep. Hey I need my 20%. Your 80% owner making business decisions. No one says the business has to be successful. Make it so its not and they want to sell you the 20% of it they own. When someones playing dirty you have to beat them at their own game. I'm not really that way but if what you say is true... and Grandma didn't agree with what they were doing with her land... then they are dead wrong and can pound salt. Hey I need 20% for the cost of that salt. We could have legally made me an 80% owner of the farm and he the 20% owner. I make all the decisions and send him a check every year for his 20% income. Grandma wanted to proceed with that route as she was mad about the deal but I declined to go that route. Of course he would be surprised to hear that.
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Re: Land sales and family
[Re: TurkeyTime]
#6664476
11/13/19 08:34 AM
11/13/19 08:34 AM
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Joined: May 2014
Posts: 4,828 Southwest Michigan
Michigan Trappin
trapper
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trapper
Joined: May 2014
Posts: 4,828
Southwest Michigan
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Yep have 3 cabins on a lake in northern Michigan that are in trust for my wife and her 2 sisters
It’s going to be a total cluster when they pass
I’m the only one with skills and knowledge to do maintenance
The one sister and husband are some of the greediest people I have ever met
The other sister is on husband #4 is as lazy as they come
Told the wife “just plan on the cabins being sold or falling apart after her folks pass”
I asked the in laws to please put in the trust that a small fee of $20 be paid per night when anyone stays at cabins to help cover taxes utilities and maintenance in to the trust. But don’t know yet I’d they did
We paid the taxes on them a few times when they had some financial difficulties, they would even approach the other sisters as. It wouldn’t have happened
Point being, families can suck when it comes to business, money and land
Every day is a gift from GOD, don't waste it!!
If they have plenty of food, give them something interesting to smell
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Re: Land sales and family
[Re: TurkeyTime]
#6664480
11/13/19 08:37 AM
11/13/19 08:37 AM
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Joined: May 2010
Posts: 28,978 potter co. p.a.
pcr2
"Twerker"
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"Twerker"
Joined: May 2010
Posts: 28,978
potter co. p.a.
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only son and grandson on my dads side--one lucky - and these posts reinforce it.
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Re: Land sales and family
[Re: goatman]
#6664509
11/13/19 09:11 AM
11/13/19 09:11 AM
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Joined: Feb 2011
Posts: 2,042 SE Kansas
K52
trapper
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trapper
Joined: Feb 2011
Posts: 2,042
SE Kansas
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Anyone who's name is on the deed can demand a sale. Do it and buy it. I don't think his name is on the deed.
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