Property Management

Property problems: Quick partnership fixes when friends fall out

Q. I want to buy some investment property in partnership with two friends. We all get along really well, but I am a bit worried about what will happen if we fall out. What can I do if things go wrong?

Sunday, November 23rd 2003

A. Many people purchase investment properties through partnerships with other investors.

Operating in partnership usually involves less administration than operating a company, and gives the investor direct access to tax credits on losses.

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SBS FirstHome Combo	4.29
Unity First Home Buyer special	4.69
Co-operative Bank - First Home Special	4.89
ANZ Special	4.99
SBS Bank Special	4.99
ASB Bank	4.99
TSB Special	4.99
Kiwibank Special	4.99
Westpac Special	4.99
ICBC	4.99
China Construction Bank	4.99

Wairarapa Building Society	4.75
Nelson Building Society	4.97
Kainga Ora	4.99
SBS Bank Special	4.99
Co-operative Bank - Owner Occ	4.99
Unity	4.99
TSB Special	4.99
ANZ Special	4.99
ASB Bank	4.99
AIA - Go Home Loans	4.99
Westpac Special	4.99

Westpac Special	5.39
ICBC	5.49
BNZ - Classic	5.59
Co-operative Bank - Owner Occ	5.69
ASB Bank	5.69
SBS Bank Special	5.69
AIA - Go Home Loans	5.69
BNZ - Std	5.79
Kiwibank Special	5.79
Kainga Ora	5.79
TSB Special	5.89

SBS FirstHome Combo	4.19
AIA - Back My Build	4.44
CFML 321 Loans	5.25
Co-operative Bank - Owner Occ	5.95
Co-operative Bank - Standard	5.95
Heartland Bank - Online	6.25
Kainga Ora	6.44
Kiwibank Special	6.50
Kiwibank - Offset	6.50
ICBC	6.50
Kiwibank	6.50