The partnership is not an llp and was dissolved on 31/12/13
Syructire was in partnership agreement , either buy or rent property on retirement , have been waiting nearly 6 months for partner to buy property . Is rent due untill property is purchased . Partnership agreement doesnt say . Ot does say interest is due on capitol . Is property part of capitol ?
Yes it was a50 50 perent partership with myself and my partner, my question is how is the property considered , is it the valuation as carried out on 14/10/13 ,or is there rent to pay because the property is only beeing boughtnow 6 months after i retired ?