View Single Post
McLovin McLovin is offline
Checked out
 
McLovin's Avatar
 
Join Date: Jun 2009
Location: On a beach
Posts: 10,127
Co-ownership would be easier for tax purposes, at least in the US.

A partnership is a separate legal entity. If it were held in a partnership, the partnership would have to file a separate tax return. The partnership would have to issue K-1s to each partner. Etc.
Old 01-30-2013, 04:56 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #4 (permalink)