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i will...there is a long way to go, and we are just starting out. the site is good and has useful info!!

i don't mind anyone putting their two cents in...but how does that become constructive advice? if you want to give constructive advice you have to read the posts as then you know all the details. i thought that would be just common sense! i think about 10 people have told me that its not...

please read all the posts before replying. i was thinking of going down the road buying together, however after finding out about the significant liability and effect it has on borrowing i am not going to do that...and i have said that numerous times now.

HI Steve, i've heard its not good holding property in a company structure....??? and it has no 50% capital gain discounts etc if in the future you decide to sell IP's.

haha the light was there and is always going to be there. I know people have concerns about the risks involved, i will take them into account. Thanks for all your help people!!

I am committed to learning a lot. I listened when you guys told me about the risks involved...but everyone continues to go on about it(probably because i say it wont happen to us), whereas i am looking for different things

i know i have received plenty of advice, and i am grateful for that. i was planning on investing as one, because i didn't know that it would be 1/3 profit and 100% liability. As i said before i wont be doing this anymore. I understand the risks involved with doing investment with family, and...

i totally agree, i have learnt a lot, and the replies have given me plenty of ideas that i can look into more closely. The stuff i dont agree about, i understand its importance, and we definitely will talk about that...we have to consider everything, like you say good and the bad, and try to...

how do u know i haven't been standing on my own two feet, just coz my parents pay for my education??? thats a big assumption..... we are building a house in our village in india my dad asked me and my bro for $10k so we gave it to him, i just gave $20k for my bro's house too...just coz i dont...

how do u know i haven't been standing on my own two feet, just coz my parents pay for my education??? thats a big assumption..... we are building a house in our village in india my dad asked me and my bro for $10k so we gave it to him, i just gave $20k for my bro's house too...just coz i dont...

my brother bought his PPOR in July, P+I loan. he bought it using the FHOG, after he lives in it for 6months and then moves out and keeps as a IP, should he refinance the loan to just interest payments? if i was to buy a PPOR using FHOG, and live in for the required 6months, and then use it...

what makes sense?

Neophyte, thanks for a great idea. my brother does have an offset account set up, though his loan isn't interest only. is it best to get into an interest only account even when say me or my cousin buy PPOR? Whats the benefit? Just that you dont have to pay any principle of the loan? can...

i didnt say i was going to emulate that, how they live is upto them,.... but we have been living together and will continue to do so...my parents have given me everything...i went to Nudgee College, one of the best schools in brisbane...went to university at UQ...which my parents paid for...

thanks fokas

i didnt mean to be rude deejay berfore, sorry.... i know people are letting me know about the risks, which are there..but thats not the advice i am after, i am more after how to save tax...to make a trust or partnership etc etc.

sorry i didnt mean to be rude..i really appreciate every1's advice....thanks..its that i know what you guys are saying about the risks, i dont want to know about that...i am more after what trust/partnership options are available and what is the best way to do it so we can minimize tax now and...

thanks aussie!!...its hard to explain the difference in lifestyle...what the other guys on this thread are saying can happen...and it does happen even in our culture (more and more these days...all because everything is getting westernized and people getting greedy). but i have faith it wont...

i am not trying to say share everything for investment. We are going to set up a separate bank account, each contribute the exact amount into that for expenses relating to investment, and then profits distributed equally. some things with my brother will be shared more coz we live...

i dont know the full arrangements that is there choice