(c) In determining whether a partnership is formed, the following rules apply:

1. (1) Joint tenancy, tenancy in common, tenancy by the entireties, joint property, common property, or part ownership does not by itself establish a partnership, even if the co-owners share profits made by the use of the property.
2. (2) The sharing of gross returns does not by itself establish a partnership, even if the persons sharing them have a joint or common right or interest in property from which the returns are derived.

3. (3) A person who receives a share of the profits of a business is presumed to be a partner in the business, unless the profits were received in payment:

   1. (i) of a debt by installments or otherwise;
   2. (ii) for services as an independent contractor or of wages or other compensation to an employee;
   3. (iii) of rent;
   4. (iv) of an annuity or other retirement or health benefit to a beneficiary, representative, or designee of a deceased or retired partner;
   5. (v) of interest or other charge on a loan, even if the amount of payment varies with the profits of the business, including a direct or indirect present or future ownership of the collateral, or rights to income, proceeds, or increase in value derived from the collateral; or
   6. (vi) for the sale of the goodwill of a business or other property by installments or otherwise.