Can anyone help with putting the foot on the right path regarding a large townhouse development. I have been informed of several different ways to set myself and family up. Of course number one is a company however there is no real tax for long term holding. 75% of the properties will be sold and 25% held for investment purposes. Any help would be most appreaciated.
Edited by – [email protected] on 29/10/2002 3:19:43 PM
Hey Normy,
Always a tricky question and I always say…it depends…..hows that for conclusive. But seriously your structure must suit you and what you do. I suggest seeing a solicitor and accountant to ask them what they suggest. By the way I am not either of these so I am not speaking to give them more business. It is important to set yourself up properly as it may save money, time or hassles later on.
Hope this helps,Enjoy
AD [:0)]A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
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