Ok guys, I am waiting for a return call form the FSDO, But from the initial
call it was a BIG NO the way it was proposed to be done. But there is a way
around it they think? and they are checking on it further may take them a
week or so to get back with me, it would consist of either a Joint account
at the FBO in witch deposited money from a third party that was given as a
gift in to that joint account or 2 accounts and money deposited in to them
accounts and all rental fees deducted from both accounts equally.

Sorry for the delay in writing back.