2. Avoid selling property or vehicles to friends and co-workers.
You’ve got a car you want to get rid of and your friend needs some new wheels. It’s a perfect match. Just remember, when you sell your used vehicle you will never hear the end of all the mechanical problems that they feel you’re obligated to fix since you’re their friend. If you really want your friendship to be over, be their landlord. It can be very difficult to separate friendship from business and friends will take your business more casually than a stranger would. How dare you ask them to pay their rent on time, you’re supposed to be better than that. If you absolutely have to have a contractual agreement with a friend, get everything in writing regardless of how close you are.