Hello,
My husband and I want to develop our family property (1/4 acre, Terrace House/Apartment zone, in Auckland).
We will be applying for building finance soon, and I'm wondering what ownership structure would be best for us.
We have a large family, with adult children living at home. Some of them work fulltime, some work/study part time.
How can we structure the property ownership, so that the children can contribute as they are able?
Any suggestions/advice very welcome! Especially if you can recommend a local professional for advice.
Jillian
My husband and I want to develop our family property (1/4 acre, Terrace House/Apartment zone, in Auckland).
We will be applying for building finance soon, and I'm wondering what ownership structure would be best for us.
We have a large family, with adult children living at home. Some of them work fulltime, some work/study part time.
How can we structure the property ownership, so that the children can contribute as they are able?
Any suggestions/advice very welcome! Especially if you can recommend a local professional for advice.
Jillian
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