From time to time, property investors may be presented with the opportunity to develop their property. More often than not, the investor will contribute land while a property developer will be engaged to run the property development project in return for a share of the development profit.
There are many ways in which a development may be structured but there are also many commercial and taxation issues to consider to ensure that the structure adopted provides the most efficient and appropriate outcome for all the parties concerned.
Eddie Chung looks at key issues that investors need to address when structuring a property development joint venture.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now