Originally posted by DebbieL
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Living Together, who pays what?
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My suggestion would be the "non-owner" pay half the ongoing expenses for the home, taxes insurance, heat, electric, etc. It would be in good faith to contribute towards capital improvement in some way too, whether it's paint, landscaping- making it more of a home you enjoy together, but not with the expectation of seeing any equity return. A gray area is the 16 year old-that's got to skew the grocery, electric, car operation, etc., but it depends how much you identify as a family.
This is as much a relationship question as financial, if you don't work it out there will be resentment and eventual failure.
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Originally posted by Rebecca Parkerif they are not in relationship then both have to pay 50-50,and if they are then the person which have high savings or debt can pay more like 70-30 of the total payable ....
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