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Q: Partnership Arrangements ( No Answer,   1 Comment )
Question  
Subject: Partnership Arrangements
Category: Business and Money > Small Businesses
Asked by: jahv22-ga
List Price: $10.00
Posted: 01 May 2006 07:06 PDT
Expires: 31 May 2006 07:06 PDT
Question ID: 724368
I am looking for a website(s) that list the various ways that 2 or
more people could form a company. I am not so much interested in just
the differences between partnership, LLC, S-corp, etc, so much as I
would like to see examples of how people could set up. For instance,
something along the lines of "Person A works day to day but puts in no
money, person B does no work but puts up 100% of the capital. Year 1-5
profits get disbursed 20% to A and 80% to B, and then reverts to
50-50."

Now I don't even know if that makes sense, but I wanted to point out
that I am more concerned with the ownership and disbursement
arrangements than the tax/legal structure. Thanks!
Answer  
There is no answer at this time.

Comments  
Subject: Re: Partnership Arrangements
From: ubiquity-ga on 03 May 2006 18:34 PDT
 
These are mere contractual arrangements.  The type of entity is
unimportant.  Any entity, in the agreement, can include these types of
disbursements.

And the only wrinkle is upon dissolution, who gets one, and the tax
effects of such distributions.

In sum, partnerships, corporations C & S), LLC's, can all have this
structure as long as it is in the parnershp agreement/ charter, etc.

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