Comments on: How do people share vacation homes and expenses with others? http://www.vacation-package-blog.com/vacation-package/how-do-people-share-vacation-homes-and-expenses-with-others A blog all about vacation packages Sun, 20 May 2012 20:54:14 +0000 http://wordpress.org/?v=2.7 hourly 1 By: aint_no_stoppin_us http://www.vacation-package-blog.com/vacation-package/how-do-people-share-vacation-homes-and-expenses-with-others/comment-page-1#comment-167 aint_no_stoppin_us Sat, 06 Dec 2008 08:48:31 +0000 http://vacation-package-blog.com/vacation-package/how-do-people-share-vacation-homes-and-expenses-with-others/#comment-167 Figure out how much time and money each is spent by each person then give appropriate ownership in that property e.g. 30/30/40. Alternatively, you can keep equal ownership but track all time and money spent during the year and 'true-up' at year end i.e. exchange money between parties to ensure that all 3 have paid equal expenses. For time spent, you can set a an hourly 'wage' associated with hours worked on the house. Figure out how much time and money each is spent by each person then give appropriate ownership in that property e.g. 30/30/40.

Alternatively, you can keep equal ownership but track all time and money spent during the year and ‘true-up’ at year end i.e. exchange money between parties to ensure that all 3 have paid equal expenses. For time spent, you can set a an hourly ‘wage’ associated with hours worked on the house.

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