Q: I have a question regarding being POA?
Father has left sister and I POA, we can act jointly or separately. Issue my sister aren't seeing eye to eye on is my father's 3rd largest asset (750K) is his home that is actually a vacation home. Lived there full time before he got sick. House is deteriorating, needs at least 35k in work to bring back to par. Audited the property found house is costing him over 30k/yr to keep even though he doesn't use it anymore, sister is ok with cost of him carrying the property and draining his bank account because she uses it, hopes to buy it when he dies. Problem is she is charging my dad's estate to go do "checks" on the property but doesn't get anything done? Don't need to sell but want to put in at least a breakeven/ positive cashflow position for him by turning it over to a professional property manager to manage and rent as a vacation rental for income for his estate. How can I make her understand it is our job to manage his finances in his best interest not hers or what can I do?
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