All Topics / General Property / Property title – who’s name?

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  • Profile photo of nmnm
    Member
    @nm
    Join Date: 2005
    Post Count: 4

    This site has provided so much information and prompted me to kick start buying an investment propert.If husband and wife are on similar incomes and that is not likely to change is there any tax advantage in a property title being in one person’s name.

    Profile photo of Paul DobsonPaul Dobson
    Participant
    @pauldobson
    Join Date: 2003
    Post Count: 1,196

    Hi nm

    At this early stage, i.e. before you’ve purchased your first property, I’d suggest you speak with a knowledgeable practitioner about getting your business structure set up in a more advanced form than the simple partnership you are considering. It may cost a couple of grand initially but as your property empire grows, you’ll appreciate having got your structure correct right from the begining. How do I know this …. :-)

    Cheers, Paul

    Paul Dobson | Vendor Finance Institute
    http://www.vendorfinanceinstitute.com.au
    Email Me | Phone Me

    An alternative way to finance your home.

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