All Topics / General Property / Starta Purchase

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of thorodinthorodin
    Member
    @thorodin
    Join Date: 2004
    Post Count: 2

    Can someone explain how ‘tenants in common’ for a husband and wife investment team can be best structured on a strata block purchase

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi Thorodin,

    Investing as a tenants in common arrangement with wife and husband is usually done so that the ratios can be adjusted from the standard 50/50 arrangement which occurs with joint ownership. This way you have facility to maximise tax deductions – for example it is generally best to put the largest share of ownership in the name of the higher income earner.

    Whether the property is strata title or green titles makes no difference to tenants in common arrangements.

    Derek
    [email protected]

    Property Investment Support Available. Ongoing and never stopping. PM welcome.

    Profile photo of ridiridi
    Member
    @ridi
    Join Date: 2004
    Post Count: 24

    Hi Derick
    Can you please tell us more about [confused2]what you mean by PROPERTY SUPPORT are you a financial advisor??

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

You must be logged in to reply to this topic. If you don't have an account, you can register here.