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[quote=Anonymous]OP, this does sound complicated. I vite on disentangling yourself financially from him as soon as possible. I have not run the numbers, so I don't know if the profit split is fair, but I suspect not. can we do a simple calculation now? You will have paid 8*12 (? you said last year) - that's 72,000. You work 1/4 of regular time (10 hours per week), he "works" full time - so you get $2K/mo, he gets 8K. Let's ignore the wife for purposes of this. So, sell for 1.5. Profit of 1.2? Let's say 1.1. I think you take the $72K out of that and pocket that. So you're splitting a million. Then, he wants to maintain the 75/25 split. You come out a year later with a $250K profit. And he walks away with 750K. Maybe you should go half, I don't know. But you've made money and you're disentangled. And you're the lawyer so YOU draw up all the paperwork and disbursement, etc, and give him a check. Don't let him be part of the negotiations. [/quote]
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