Quote:
Originally Posted by reelapeelin
There are some guys here (about 5) who are partners on a good sized sporty they keep docked down in Georgetown...the important thing is to have open discussion about it BEFORE hand and be sure all are "like-minded" on use, maintenance and who, what, when and where...
set some RULES going into the deal and establish the consequenses when the rules are not followed...if you make it thru that phase, then a partnership could work...
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that makes alot of sense. If its all laid out up front it would be hard to contest some issues and snake out of them. I did think that if you sort of did a pro rated way to pay for repairs and bills etc. It would be simple algebraic functions nothing major. As in lets say put in 4K in a seperate bank account with all parties names on it. Then after a year of running the boat all hours would be logged and associated to each individual. i.e. pete and repete own a 31 fountain cc. total fuel bill at the end of the year $1800, maintenaince is $500 and the air comp on one of the opti;s went out. $600. total of $2900 for the year. well pete used it by himself for 4 trips, repete used it by himself for 5 trips and they fished together 3 times. 2900 / 12 trips. = 241.67 per trip then you would do the associated math. but the note would be the tricky thing to work out. I would guess the note would be at 50% regardless since the general use and abuse was calculated for before hand??