I bought into a friends business about 6 months ago with the intent of going out on my own in a year or two. I stayed under his business name. To make a long story short we have decided that he will take back over the work that I bought from him, he's gonna pay me a salary and buy a company truck for my personal use also. Here's the catch, he wants me to put the truck in my name but he will make the payments. He also wants me to keep the loans for the trailer and mower I purchased in my name but he make the payments. Why would he want to do this and is this in my best interest? It doesn't make sense to me because he can't write off the truck, trailer, and mower if it's in my name right? Just wondering what some of you that have been in the business for a while think about all this.