All Topics / Help Needed! / Property Investments – Does a Partnership Business structure work?
Hi all, I’m weighting up the pros and cons for investing with a business partners (Company structure) or to go at it alone. I would love to hear the thoughts from people who have had experiences with investing with a business partners, all goods and bad. How did you structure the partnership/business?
Thanks in advance for your help!
sammie
From what I have seen I think it is best to go alone if possible. buying with someone else usually ends sooner than expected as each has different circumstances.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Thanks Terryw for the advice! I had the same feeling as well. The financial numbers I predict would probably get pretty messy too! But the thought of having someone the share the deposit and loan burden did look attractive for a little while!
cheers!
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