hmmm yes I understand your point if someone takes legal action against our business as we are both personally liable for all assets that we own....which are currently in our own name....company gives more protection I guess.... but also you have higher accounting fees, more administration, plus...
Hi Terry,
Thanks for your replies.
Business is a partnership at the moment. We have considered a company but haven't yet really hit the income levels to make this option seem useful.
Hi,
My partner and I currently own 2 properties, one PPOR and the other an investment.
We own both in our own names (jointly).
We are keen to purchase more property whenever we can release equity, which we are now in a position to do again, so we could potentially own many properties in...