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Hi terry, Thanks for your answer. I am going to seek proffesional advice next week. In the meantime, can you clarify your answer, you mentioned that profit can be split up as personal decision, but from ato perspective (actual taxation of profit) is it 80/20 or is 50/50 possible talking...

hi, recently came across a very good deal but due to short term situation i cannot buy it on my own. due to me having equity to become a security guarantor, have teamed up with a good friend of mine to do a JV. the banks that broker have spoken to has said they are willing to accept the...