Property investment partnership

feartheclaw

Registered User
Messages
23
Hi all

I am considering investing in a property with 2 or 3 other people which we are going to renovate and sell. Any advice on how best to structure the venture? E.g. Should we set up a company or partnership? Any other insights or experiences in this area would be much appreciated.

Thanks
ftc
 
Go and talk to an accountant.

There are so many issues to consider
1. Joint and several liability for partnership debts.
2. Personal guarantees for debts of company possibly required.
3. VAT RCT PAYE Stamp Duty
 
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