Should my boyfriend give money he got from selling his house to his business partner?
150848
no, he bought it, he sold it, he keeps the money
215892
Well if you "gave" it to him he now belongs to him, because it is considered gift. If you directed told him as soon as you break-up it yours, it should be yours. I think it belongs to you since you bought it in your name. If you two aren't able to agree, you should take it to court. Hope you get your rifle back!
94872
Needs work. Too much taking advantage of the guy on the bottom. Businesses don't like to contribute.\n\nIt can ruin you financially if you get sick and didn't plan for asset disburstment. (don't have the house in your name if you are going to be SICK)
232640
If he has an income, then yes. The only problem is that his interest will be much higher. Try to get him to pay more down, and finance less, but I do advise that you try to keep your name off the loan. It is a much better lesson for him and keeps you from worrying about whether or not the payment has been made.
920262
get a forensic accountant to investigate your husband and his "employer".  they should be able to uncover who in fact owns the business, along with any other hidden assets he may have...
588319
When he sold you the business and you did not have a none competition clause in the sales agreement or a fiduciary clause then you are out of luck...me personally, I prefer to have my competition next door..then I can keep an eye on them...it is healthy biz strategy...obviously your brother knows he made a mistake....advertise and use your obvious higher quality business strategy to sell more and get more customers than him...there is only so much business to go around in that field...get more than your fair share and your brother will be gone eventually
1169896
To make that kind of deal,obviously the State had knowledge of assets...and also why would your BF agree to it if he had no access to that kind of $$$.Better yet why would his attorney agree to that time stipulation?\n\nSomething is not quite right with this story
525701
its up to you, what do you think he would like.  if you give him money, give him what ammount that you think that is apporiate
972555
The mortgage is in both names and the mortgage holder expects to be paid.  If your boyfriend can't make the payment, the mortgage holder will come looking for you.  If between the two of you, the payment is not met then the mh will foreclose.  The same with taxes.  One or both of you pay or the city will seize the house for back taxes which will also initiate foreclosure.  Either way, you both lose the house.\n\nTo get your name off the deed and away from both the taxes and the mortgage, you will have to sell your half to your ex.  You say he probably can't swing that deal, so if you can't or don't want to buy him out, then the options are to either sell, or rent it out with half the profit coming to you and the other half going to him.\n\nGood luck, but move fast before this screws up your credit rating.
865310
My advice, be wary.  You could just be his 'off chick'.  Don't invest too much, he doesn't sound too serious.
313841
As stated before, go through the contract you signed, and in there will state the terms and conditions for expelling an owner. However, you will probably find that you will have to buy him out, if you want the whole business. But from what you're saying, you both have different parts of the business. So instead, why not split the business. Keep your profitable portion, and let him keep his unprofitable portion, then when the assets have been split, simply set up another arm of your business to provide the goods/services that he once provided. This will be significantly cheaper, and there will be large tax benefits through the offsetting of capital expenditure on income tax liability.
714245
is the house paid for in full? is it in your name? If it is in your name and you can not keep up the payments do you really want it? If it is in his name go while the getting is good you don't need a man like that.  If it is in your name tell him he can buy you out!
308887
No, it is not technically "your" money. It is the owners option to fix the gate or to leave it and pocket the money. It will be his loss in the future, if he ever decides to sell the property or whatever, he'll wish then (after the $$ is long gone) that he went ahead and fixed it now- just let it go and don't stress about it
962082
There is one an only way to get your money or part of it back. In a very innocent way ask him to sell to you something valuable he owns, like a laptop or TV set. Tell him that you need this item and that you would pay him in a few days, (it is incredible but this kind of people almost always believe that) and do not pay him until he pays you.  I had done it many, times and believe me, it works.
859191
working partner is still a slave...but gets regular pay, if u start a biz means no payday ...  still chicken and egg question. Best decision is still from u. :) good day and good luck
279657
if you work that should be a no brainer, but if he is the bread winner there still shouldn't a problem with u hav'n money in your pocket remember you are his wife, partner, equal not his child.\n\nI also think he does that b cuz he want to control you, sounds like underneath it all u r really the strong one and it scares him for u to have some control!!!
1120912
If you and your partner have come to an agreement on the amount and how he is going to pay it, you don't need an attorney unless you want a contract to cover this. If he will pay in Cash upon signing of the company's documents, then you just need to put together the documents and sign them. Your accountant/tax preparer can help you. You'll probably have a tax liability so plan for that.