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post #30 of Old 04-16-2011
MSISLANDER32
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Join Date: Jun 2010
Location: Pass Christian Mississippi
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I am currently in a partnership and it works great. We deposit 250 each into a checking account in our name solely for boat expenses and slip fees. All repair fees and parts required come out of that account for a 50/50 share. It does not matter who broke it or who it stopped working for we pay for it. We also call on each other when there is good sailing weather.
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