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by saluki 3611 days ago
Definitely get a lawyer . . .

y agree with smt88, C corp is prob. overkill and could introduce tax issues go LLC first.

I would just have each of you track what you invest as expenses for the LLC, then get reimbursed once you are profitable and keep your 50/50 ownership split.

The two of you should be able to make decisions together, I expect one of you are handling marketing and one technical anyway so you can probably defer decisions in those areas to each other.

Good luck.