I guess my question was more about business situation than property since, to the best of my knowledge, changing “proportion of interest” in property might be considered as change of ownership and trigger stamp duty.
And main things that I would like to find out is how to document creation of partnership with different proportion of…[Read more]
Thank you very much for the replies. I’m glad my idea about the trust seems to be acceptable by other people – this gives me confidence to investigate further and to seek the professional advise in this area.
BTW, Terryw has mentioned JV. I would guess this stands for Joint Venture. What is psecial in that particular…[Read more]
I have tried to search on the Internet for the details about Melbourne MSN/Somersoft IP Group and couldn’t find anything. It will be appreciated if you could provide some details/references.
This is very reassuring to know that people do actually buy properties located far from where they leave. Perhaps I need to leave my ‘comfort’ zone and get to the car [] or think about taking few days off from the work to travel to potential areas of investment.
Thanks for the response.
I’m wondering what other sources, except of Internet, can be used to obtain the sufficient amount of details about the potential areas for investment.
Mini (MiniMogul) has revealed very interesting ideas about managing the project remotely, i.e.:
– Use building inspector for property inspection before you buy it to get professional evaluation and also some idea about the cost associated with potential repairs. This, to my opinion, may be great…[Read more]