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Hi KMC
i have been buying property with my two brothers since 1989.
First up was a partnership.Partnerships suck.
Eg. If one partner wants out – this can create a trigger – from a minority owner – at a time that may not suit the other partners – so the whole thing can topple over, or force a refinance. Higher risk.
Set up a pty ltd – much more stable, each shareholder is responsible for his own shares – for example a divorce – split the shares. Less risk.
Brothers in a company – still going strong.Can anybody please suggest accommodation nearby?