As long as you have this property as a company ,theres no reason you couldnt loan the money to the company anytime.Bro would be liable for half though if it were a partnership.Im not really sure either what you are trying to do,but if i were your brother , (not saying anything stinks in denmark here) , i would think seriously about this.Sounds like he may be getting how shall we say phased out? One thing you better be aware of ,if your developing this property,and its within city limits,most likely you will build roads,utilities,etc to city codes,and then DONATE them to the city before you get service.Know exactly where you stand,have it everything in writing,FROM the city lawyer,and signed by all its council members ,BEFORE you dig one spade full of dirt!!!I OWN property surveyed into lots,with roads etc that the fellow i bought it from didnt know this,he lost money big time!!!!
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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