Check your compliance issues for such arrangements.

Michael Lauther, sorry, I also meant to say anyone interested in N/P housing arrangements to pump in too.....

This arrangement worked for me and my landlord.

Anyone have any experience with this kind of arrangement?

He basically arranged everything already.....

I ask because I have to bid for my schedule on a monthly basis, but can arrange to have a specific day off.

The LLC might give you some asset protection (or not, since the property and loan is in your names), but it has zero impact on the tax and business arrangement.

Probably should have used the term cosigner instead of 'partnership', but I wasn't sure if our arrangement constituted a partnership (we do not want that).

I feel that by being partners (whether that's legally stated or otherwise arranged) that he'll be motivated to get it done fast and definitely right and be in the game, not just punching a clock.

Spring flowers blooming on the little sidewalk out front, and grass already full and green in the backyard, Doreen accepted an offer for $145K with only 16 DOM!!