Found this amazing forum and had been reading heaps in the last few days. Cant help myself and wish to ask the knowledgeable people here for some insight.
I have been recently made redundant, and not too sure if I can find work quickly.
Husband has been out of job for 2 years (sold his business but had only searched for jobs half-heartedly)
We own one PPOR which we had improved a lot over the years, and own another IP together. Basically I am the driving force and he is the handyman. (He is currently developing a family land into 3 houses.)
I love properties/development/renovation and had identified a few opportunities that I/we can venture into. But the question is: what entity should that be? Should it be joint (50/50), me alone, him alone?
My fear is we have different ways of doing things and might have conflicts that would damage the relationship. Also with our two properties, he had been very passive as I am the driving force the whole time. Not by choice but it is his nature. (With the development, they just give it to a builder and he doesnt have much input)
Please share your thoughts, I would greatly appreciate.
I have been recently made redundant, and not too sure if I can find work quickly.
Husband has been out of job for 2 years (sold his business but had only searched for jobs half-heartedly)
We own one PPOR which we had improved a lot over the years, and own another IP together. Basically I am the driving force and he is the handyman. (He is currently developing a family land into 3 houses.)
I love properties/development/renovation and had identified a few opportunities that I/we can venture into. But the question is: what entity should that be? Should it be joint (50/50), me alone, him alone?
My fear is we have different ways of doing things and might have conflicts that would damage the relationship. Also with our two properties, he had been very passive as I am the driving force the whole time. Not by choice but it is his nature. (With the development, they just give it to a builder and he doesnt have much input)
Please share your thoughts, I would greatly appreciate.