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My brother and I will be purchasing some property from a relative.
We've made a layman's list of our agreements in who will control what, decide what, etc. so we have an idea what has to be spelled out in documentation later.
now... to make the purchase (which will probably be a land contract), i need to figure out if we should make an llc partnership, or do common tenancy, or whatever to put the land in our names.
Anyone know of a good idiot's guide to figuring out what the best way to do this is?
We've made a layman's list of our agreements in who will control what, decide what, etc. so we have an idea what has to be spelled out in documentation later.
now... to make the purchase (which will probably be a land contract), i need to figure out if we should make an llc partnership, or do common tenancy, or whatever to put the land in our names.
Anyone know of a good idiot's guide to figuring out what the best way to do this is?
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