quote:

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principle place of residence

popular place of residence

productive place of residence

positive place or residence

Just to name a few

Love your greativity,[8D] (Creative thing’s can only be Great) what about Positive Property or Rental (eg CarParking Spaces)- Has / dose anyone looked at Car Parks? Are the a good return?

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Congrat’s Steve, count me on for a copy too. I know how far you have come!Sorry i can’t make it to your Book launch, I’m sure that it will be a great day for you and Jules will be proud of you.
Are you going to let us in on the Title?

All the best.

Hi New Investor
I’m considering a JV as well, and will share my thoughts with you.

1 SHARING EXPENSES?
Well i don’t think it matters, as long as all parties agree, and are happy with the way that costs and returns are divided. I guess that you could use an accountant if like or just have a simple excell spread sheet to keep track of things.Do you have an agreement on how & who will look after any future expenses?
2 UNEVEN DEPOSIT AMOUNTS?
It shouldnt be a problem as long as all parties are aware of there percentage of return ie 30%/40%/30%Etc.
3.PROPERTY/COMPANY
Your solicitor in your state should be able to answer all you Q here, isn’t that what you pay them for? or maybe some one else on the forum could explain it better than I[8D]
4.TAX
Ditto with your accountant.

Having an agreement for a JV is the hardest thing,once all concerned are happy with the blueprint, let other people (Accountant & Solicitors) put the nuts and bolts together.
Have you got a plan for who moniters what – ie income & expense’s insurance Etc.

Bottom line is that you don’t have to make it complicated, set your goals, have a system for keeping track of things, & review from time to time, can i suggest that you put some thoughts down on paper, like an agenda to keep you and the other parties clearly focused & on the same sheet of music too.
I hope this helps a little, There is also the search on this forum that my help too!