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How to organise the partnership for the homestead?  RSS feed

 
susan vita
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After 25 years of talking about and planning for it, my friend and I have arranged our lives to make it work and we've found the property for co-living.

The land, location and setting are darn near perfect, financing is looking do-able, now we're left figuring out the legal logistics.

I'm thinking we form an LLC type of thing, but I wonder about things like if one of us needs to pull equity out of their share down the road, or some other unforeseen thing which could be a source of conflict.

The aim is to share resources, and protect our investment at the same time.
The home is sprawling enough that we can offer woofer space and/or rental/buy in in the future too, but she and I will be the primary shareholders as far as we can tell at this time--but we're open to suggestions about that too.

I guess Im looking for a guide or resource for setting up the system for co-housing.


 
Cerys Hanson
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Just what I have in mind, I'm also planning to put up a business with partnership. Will be looking forward for answers here.
 
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