More advantages…

For today’s tip I thought I’d let you know about a few more of the advantages of using a joint venture agreement, which I talked about in an earlier property tip.

Tax advantages

Joint ventures are not seen as companies or partnerships, which means that losses from an allowable capital expenditure in a joint venture project can be offset for tax purposes against income from other projects and other income of the investor.

Flexibility

Because the parties in a joint venture write their own agreement there is a lot more flexibility than if the parties used a jointly owned company. This means that the agreement can be tailored more to the particular requirements of the project and the parties involved.

Financing

Each party in a joint venture agreement can finance their involvement however they like, which means that each party is able to choose the most appropriate source of finance for their personal circumstances.

As a property investor, it’s important to be open-minded about different types of arrangements and deals even if you don’t personally wish to participate in one.

Remember that as your circumstances change you may want or need to explore different investment options, so being well informed can help you minimse your risks and find alternative solutions to problems you may face.

To learn more about using joint ventures in YOUR real estate deals, visit:

http://www.RealEstateSecrets.com.au/jventures

Warm Regards

Hans Jakobi – Your Wealth Coach®
Real Estate Secrets