Thread: Profit sharing
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Codeman Codeman is offline
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Default Profit sharing

Thank you all for your input. 30-years down the tubes. We have not owned
the house that long. I keep my stuff and money and she keeps hers. Unlike
most splits the man is not getting the shaft. She is wanting the big D not
me but if she has been unhappy for over 13-years then she can go. I am not
living with a women who is not in love but only loves me because I am the
father of the kids. Thank god my kids are grown.

"Codeman" wrote:

I need a formula for the following;

Two people buy a house and own it for many years. One decides to split and
the other continues the payments on the house until sold to someone else at a
later date. How do you determine the profit split between the two at the
time of sale knowing that the one staying in the house should get a larger
portion of the profit if any profit is aquired?

Assume:
A. = number of years the two paid on the house as a couple.
B. = number of years/months or days the one who stayed in the house made the
mortgage payments after the split.
C. = profit after all closing cost and sale of the house.
D. = profit to the one who stayed the shortest time in the house
E. = profit to the one who stayed the longest time in the house.

I will convert days to decimal equivalent in years when number of days is
between or less than a year.

Thank you for any help.