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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: 50/50 joint venture Posted by Ward-CA- on April 04, 2002 at 11:58 AM In Reply to: 50/50 joint venture posted by todd-wa on April 04, 2002 at 9:21 AM : Ward, : You wrote,"Investors want equity and a share of the profits....When we're also part of the investment pool then we also share in the equity and the investor's profits proportionate to our cash int the deal." If I put up no funds then does the passive investor get 100% ownership on title?(beneficial interest) : Also,if in addition to being the active partner if I put in 10% of the cash needed I would get an additional 10% of the profits? : A follow-up question about Greg and Howard's partnership. What was their arrangement like? =•=•=•=•=•=•=•=•=•=•= Todd, Yes, just the investor(s) hold the beneficial interest in the title holding trust. If you don’t have any cash in the deal then you’d just be the trustee, with no beneficial interest. Yes, you’d receive investor profits in proportion to your capital contribution. Greg and Howard got into a disagreement over the divvying up of the 50% of profits going to the management’s half, not the investors’ half. And I think it was a disagreement over the proportionate amount of work being done. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : You wrote,"Investors want equity and a share of the profits....When we're also part of the investment pool then we also share in the equity and the investor's profits proportionate to our cash int the deal." If I put up no funds then does the passive investor get 100% ownership on title?(beneficial interest) : : Also,if in addition to being the active partner if I put in 10% of the cash needed I would get an additional 10% of the profits? : : A follow-up question about Greg and Howard's partnership. What was their arrangement like? : =•=•=•=•=•=•=•=•=•=•= : Todd, : Yes, just the investor(s) hold the beneficial interest in the title holding trust. If you don’t have any cash in the deal then you’d just be the trustee, with no beneficial interest. : Yes, you’d receive investor profits in proportion to your capital contribution. : Greg and Howard got into a disagreement over the divvying up of the 50% of profits going to the management’s half, not the investors’ half. And I think it was a disagreement over the proportionate amount of work being done. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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