Joint property investment advice

[Bangkort]

Hi All,

We are looking to start in the property investment field and need some advice with doing it as a joint venture.

One party will be investing more than the other, we really need advice on what is needed for the set up and legal process. Should we open a Ltd company? Should we open a trustee account? Also what about contracts?

 

[Mark T Jones]

Take professional legal advace

Have a solid shareholders' agreement

 

[WaveJumper]

As above you need to get this off on the right foot from the start get some proper financial / tax and legal advice on the structure.

A simple google one the topic comparing the various structures will give you an idea of the questions you need to be asking your accountant and legal advisor.

 

[louis292]

From experience, many start with either an LLP or Ltd company to manage liability and taxation. Draft a joint venture agreement that details capital contribution, management responsibilities, profit distribution, and exit strategy. Trustee accounts can be used, but legal clarity is more critical.