Hey All, Me and my partner had a third guy this year who won't be able to work with us this summer and to prevent any future complications we are going to pay him everything he put into the business. Because he won't be around at all he can't really object to this, my question is: In terms of stuff purchased between the three of us we have about $4200 worth of new equipment (500 Blower, 260 Weedwacker, 340 Edger, 5x8 Trailer and Hitch 900, 2200 36" Mower, all high quality brands). The equipment is one year old and all has about 240 hours logged on it. Since the equipment is now significantly used and he made a good amount of money off of it last year, we don't think he should receive the brand new value $1400 (1/3 share of $4200) of the equipment. Based on those figures, what kind of deal would you negotiate here? I was thinking no more than $1000 or 1100. Any thoughts?