All Topics / Help Needed! / Property Investments – Does a Partnership Business structure work?

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  • Profile photo of SammieSammie
    Participant
    @sammie
    Join Date: 2014
    Post Count: 7
    January 5, 2015 - 3:03 pm

    Hi all, I’m weighting up the pros and cons for investing with a business partners (Company structure) or to go at it alone. I would love to hear the thoughts from people who have had experiences with investing with a business partners, all goods and bad. How did you structure the partnership/business?

    Thanks in advance for your help!

    sammie

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    January 6, 2015 - 7:47 pm

    From what I have seen I think it is best to go alone if possible. buying with someone else usually ends sooner than expected as each has different circumstances.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of SammieSammie
    Participant
    @sammie
    Join Date: 2014
    Post Count: 7
    January 8, 2015 - 4:00 pm

    Thanks Terryw for the advice! I had the same feeling as well. The financial numbers I predict would probably get pretty messy too! But the thought of having someone the share the deposit and loan burden did look attractive for a little while!

    cheers!

Viewing 3 posts - 1 through 3 (of 3 total)

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