After finding the right property to fit your property development strategy (i.e. renovation, subdivision or construction with pre-sales etc.), the next step is to consider how to optimally structure your property development. This can be difficult as there are numerous matters to consider. For example: The answers to these and other considerations, such as the contents of your property development scheme and whether any foreign investors are involved, will ultimately determine what is the most appropriate structure for your investment.Not adopting the right structure may result in greater tax implications and put your personal assets at risk. The below is a brief summary of these structures: Features The above should not be construed as legal advice, or as a substitute for legal advice and should not be relied upon as such. Legal advice should be sought in relation to your particular circumstances and any particular matters you may have. To ensure that you adopt the most appropriate structure for your circumstances and to avoid undesired legal outcomes, please contact Asset Lawyers.
Structure
Individual (Sule Trader)
Partnership
Joint Venture
Company
Trust
Posted OnAug 09, 2016
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