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Message
re: Partnering with friend(s) on a camp/boat
Posted on 4/18/23 at 1:16 pm to Larry Gooseman
Posted on 4/18/23 at 1:16 pm to Larry Gooseman
quote:
Lot of good answers but I never considered
quote:
getting divorced so camp now belongs to his friend divorce lawyers
yep, it doesnt really belong to the lawyers but they have total control over everything that happens to it and get a big chunk of the value from it when its sold because they are handling everything.
my neighbor is in a group of 6 guys who own a camp. they all pay $200 a year for upkeep and expenses, but he says its often a chore to get them to pay, and when the generator went out, he and one other guy had to foot that $1k out of their own pockets and it took months to get the others to pay their share. its pretty much him and one other guy that do all repairs and pay for most of everything because the others always have excuses not to.
This post was edited on 4/18/23 at 1:18 pm
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