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Updated almost 12 years ago on . Most recent reply

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10
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Angela Rawson
  • Adelaide, South Australia
0
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10
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Equity partnership with friends

Angela Rawson
  • Adelaide, South Australia
Posted

I am considering having a friend contribute 10% towards the cost of a property. She doesn't want any liability or ownership. When we sell the property does she just get 10% of the sale price given that I will have been paying interest on the mortgage, repairs, taxes, building fees etc? Any ideas about how to structure the partnership would be gratefully received.

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