Quote Originally Posted by Ronin13 View Post
I'm buying myself, in my name, and all that- I'm getting a VA home loan, and only I can apply on it- so after the purchase we're splitting the payments and all that, but the house for all intents and purposes will be in my name.
mmm I see this as a recipe for drama myself. Lets say he gets involved with some girl (or guy, I dont judge) and decides to move out and now your the only one making those payments? Or how about if after 5 years you decide to sell and or cash out whatever equity there is, and he has helped make all these payments, what then? I can see a lease or rental arrangement, but only a very small percentages of families can actually run a family business, or have any monetary dealings and it not affect the relationships.

Quote Originally Posted by Ronin13 View Post
Interesting perspective. Of course we're gonna start small- it's not like I'm going to jump in and hope to be the next Wilson Combat or Dan Wesson... was thinking of only building like 5-10 rifles a year, but for the most part work on selling and easy transfers, like an "open on weekends" type of deal. Just a simple side small business, we'd both keep our day jobs. Wouldn't a type 07 FFL make it legal so I could sell but leave the possibility open for manufacture when I get good at it?
The problem I think your ignoring is that you will spend more in insurance, fees, etc. than you can realistically make selling 10 rifles a year, and it will be a very serious headache and time commitment. I think if you want to "get good at it" you need to go work for someone in the business. I get that the trend with young people these days is to just study a bit on the internet then go out and open your own shop because "I can do it as good, and for less", but the reality is you should go out and get experience, actual practical experience, BEFORE you make a commitment of time and money that has serious repercussions for each mistake you make.