My husband and myself took over my father's business last spring right before he passed away. We took it on as a lease to purchase agreement. My mother is still alive and we are paying her a share of the gross income each week towards the balance.

We are fully running the business, paying the expenses, and paying my mother.

Is her share in anyway deductible for us as a cost?

How in the world do we enter this? Its not an LLC...
I'm lost and I can't afford an accountant.

Any point in the right direction is GREATLY appreciated!

-Carrie