All Topics / Help Needed! / New Starter
Hello all,
I am very new to this property investing and have read several books recently and have been doing the hard yards trying to understand all the jargon, structures and methods of property investing.
i have opted to go with the structure that seems common, most beneficial and i believe simple to see the best results.
i am trying to set up the trust and company structure. i have recently attained a joint ABN and TFN with my partner, registering a business name under this ABN and going for setting up a trust deed.
I am a little confused now if i have done this correctly to protect our personal assets.
My questions are should i have obtained a ABN and TFN under my own personal name and also registered the business name all under my own instead of as a couple.
Having it currently under my partners name also as a partnership, does this make her liable as well as me?
Is this current structuring no good for keeping our business and personal interests seperate?
im sure i will have plenty more questions and confusion but any help with my current situation would be greatly appreciated.
Regards
Justin
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