Hello and welcome to the site. Thank you for your question.Please clarify for me ..I presume you are referring to money gifted by your brother.Is this money to cover contributions towards his living expenses or is it in the form of rental income you would get otherwise.
If he were not to make this payment, could he have stayed with you or is this payment conditional?Many thanks
The money is to pay off an interest only mortgage, we had planned on downsizing but didn't want him in a home as he can no longer manage himself.
I hope this is helpful and answers your question.
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