wellyboot replied to the topic Another newbie in the forum The Treasure Chest 21 years, 9 months ago
Many thanks Terry
Cheers
Wellyboot-
wellyboot replied to the topic Another newbie in the forum The Treasure Chest 21 years, 9 months ago
A twist on the LOC option is to get a interest only loan with a 100% offset capability.
The advantage of this method is a cheaper interest rate.
The down side is that they review this loan as the interest only component is for a fixed period.
As AD says it is very important that you set up the structure correctly.
Some of the…
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wellyboot replied to the topic Another newbie in the forum The Treasure Chest 21 years, 9 months ago
Hi Bruce,
Many thanks for your help. Very much appreciated.Cheers
Wellyboot [
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wellyboot replied to the topic Another newbie in the forum No Subject 21 years, 9 months ago
quote:
Hey Wellyboot,
Welcome to the forum …or as Bruce says….PI.com []Just a thought as to what you guys shoulg set up… It really depends on the situation and the money split. You should speak to a solicitor to consider the four main approaches.
1. Form a company.
2. Set up a Unit Trust.
3. Do a Joint Venture.
4. Form a partnership.All…
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