Unlock your property ownership options

When it comes to property ownership structures, there is no one-size-fits-all approach.

So, whether you’re thinking about going it alone or teaming up with others to get onto the property ladder, let’s talk about your options.

Buying solo

Buying property alone is known as sole ownership. As a sole owner, you have the decision-making power to lease, renovate, or sell the property.

It also means that financial responsibility will fall entirely on your shoulders. So before jumping in, create a budget that considers all expenses including the initial deposit, ongoing loan repayments, rates and maintenance costs.

Investing through a company or trust

A trust is another option you could buy property through. Generally, trusts involve the holding and management of assets on behalf of beneficiaries. While it can be a more complex way of owning real estate, it could provide asset protection, tax flexibility, and estate planning benefits.

A company is a legal entity that can buy, sell, and take out loans on property. Depending on the structure, a company could protect shareholders from personal liability of company debt while potentially providing tax benefits and asset protection.

Chat with an expert

There are many ways to own property — it’s just a matter of finding the structure that helps you achieve your goals. It is important to discuss these options with a lawyer or accountant before making your choice.

For guidance on your lending journey, speak with your local Liberty Adviser today.