Brought to you by the Every Dollar app. Start budgeting for free today. My wife and I were both

semi-retired. I retired a while eight years ago, and then I worked part-time for the company I retired

from as a consultant, and my wife works a couple days a week.

We're getting ready to sell our house.

It's too big for us, downsize, that type of thing.

We have a place in Florida that we're going to go to.

But in the meantime, our children are grown and they're all over the world. we have one in Colorado who a while back they

asked us you know hey it'll be great if you guys would come out here and stay with us for a while

and do things and blah blah and we said sure that'd be great and they didn't have a house so they

were looking for one we entered into an agreement that'd be great. And they didn't have a house, so they were looking for one.

We entered into an agreement that we would give them money for a down payment.

Some.

They had half.

We had some.

And the agreement kind of fell apart here.

Now there's some animosity a little bit. they want to pay us back we we sent the

money which was $117,000 as a gift we did the gifting paperwork they bought their house and

now they want out and they said we want to pay us back?

And I'm just concerned about, one thing is taxes, and we haven't kind of really gotten into the meat of it yet.

I'm concerned about where they're going to get the money from, and I think they'd take it out of their retirement accounts, which I don't want them to do. And I'm just looking for some advice, what your

thoughts are.

So your partners in the house? It was not a gift.

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