Quote Originally Posted by desA View Post
Paying out of the profits could take a long time & is surely not a certainty. What if there are NO profits?

I would also suggest having a solid contract drawn up in order to protect all parties, if something goes wrong during the buy-out process. Who owns what, after paying what? Anything can!!!

thanks for the replies, we do have a contract in place. and there are usually profits, so that should not be a problem (unless something drastic happens). Also, they don't have to take all the profits out, only enough to pay me. But I am concerned more about the tax implication on that withdrawal.