358: I'm in a Partnership - What to Know
Main Street Business
00:00
Partnerships
My neighbor went over to his business partner's how and killed the gy at the business partner's house. And he went over there in a rage and ly killed the guy and buried him in his own backyard. A lot of partnerships start with the skys blue, and, you know, the suns shining, and we're going to make all this money. But they forget, i got to do a tax return at the end of the year. Are we putting our money back into the business? One partner wants to take as are we going to pay taxes on that phantom income if we leave all the money in the business? Ah, again, you have your accountant involved early on on
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