PropertyInvesting.com | JimmySprinkles | Activity https://www.propertyinvesting.com/members/jimmysprinkles/activity/ Activity feed for JimmySprinkles. Mon, 13 Apr 2026 13:56:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c3a3a22c2f8fcde899bf281ad4a049b6 JimmySprinkles replied to the topic Plan to buy a house with friends together in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407683-plan-to-buy-a-house-with-friends-together/#post-4677882 Fri, 09 Nov 2012 07:47:36 +0000              Whilst nothing is seemingly divorce proof,would you say that individual or company have the same divorce implications or are they different.

]]> bcad9f052c3d668c0c6c4761ab747fa6 JimmySprinkles replied to the topic Plan to buy a house with friends together in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407683-plan-to-buy-a-house-with-friends-together/#post-4677880 Thu, 08 Nov 2012 19:39:50 +0000     Im fine with most of the situations you state.What is it you talk about the 50% CGT discount..

]]> 1822f1e26fdf056cc9f6450089eab242 JimmySprinkles replied to the topic Tenants in Common in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4405435-tenants-in-common-4/#post-4660608 Thu, 08 Nov 2012 19:34:39 +0000  We are not planning on needing to  borrowing any money.What are some of the main reasons that the people you talk of have failed in this set-up.What implications would a 10 man trust set up have on personal borrowing capacity.Cheers.

]]> 733c30c0947b81c1b9c26c39f48c269d JimmySprinkles replied to the topic Plan to buy a house with friends together in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407683-plan-to-buy-a-house-with-friends-together/#post-4677878 Thu, 08 Nov 2012 08:45:34 +0000         Thanks very much Terryw.At a guess If we had ten guys all on around 60 thousand gross per year,would a company opened up with the same ten names have much income tax return issues or implications on there personal tax returns.Thanks heaps. 

]]> c059ce3c8a1c7c579f879ed5f75a57ec JimmySprinkles replied to the topic Tenants in Common in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4405435-tenants-in-common-4/#post-4660606 Thu, 08 Nov 2012 08:30:54 +0000                        Thanks AK will do.

]]> 834d568e5a0c2c32a47abcd56c75baca JimmySprinkles replied to the topic Plan to buy a house with friends together in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4407683-plan-to-buy-a-house-with-friends-together/#post-4677876 Wed, 07 Nov 2012 18:22:32 +0000 Terryw wrote:
Consider
– death
– divorce
– bankruptucy
– withdrawing from the investment
– stamp duty
– borrowing ability
– guarantees
– effect on future borrowings for individuals
– land tax
– cgt

Probably the most flexible structure is a unit trust with a corporate trustee. But the structure within the structure would depend on your…[Read more]

]]> 832a21eea879c950b4f9261cde861e86 JimmySprinkles replied to the topic Tenants in Common in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4405435-tenants-in-common-4/#post-4660604 Wed, 07 Nov 2012 18:12:42 +0000        Hi guys I've just joined the forum and I have a question.Me and 9 yes 9 other people want to start investing in property in a trust situation.Buying a new property once a year then in a few years twice a year and so on till we are getting 5 a year.If we do this in something like a family trust e.t.c will there be much of a tax issue on…[Read more]

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