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Updated about 12 years ago on . Most recent reply presented by

User Stats

103
Posts
3
Votes
Nate Green
  • Real Estate Investor
  • New York, NY
3
Votes |
103
Posts

Sole Proprietorship or Partnership

Nate Green
  • Real Estate Investor
  • New York, NY
Posted

I am starting a lease option assignment business with my girlfriend. I was wondering what would be a better way to start off? A sole proprietorship or a general partnership? I checked the county clerk's website and it says that they cost the same to file but I am leaning toward the partnership as you can have a legal partnership agreement in case anything happens between us. Is there also a legal agreement that we could make for a sole proprietorship as well?

Thank you for any advice or input,

Nate

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