Ep 116: Investing With Family: Smart or Risky? - with Jeremy Iannuzzelli, Shanil Lal, & Scott Lung

Thinking of buying property with family...what could go wrong?   In this episode, Jeremy Iannuzzelli is back again with Shanil Lal and Scott Lung to unpack a listener question from two brothers looking to invest together. They explore the realities of pooling resources, including shared debt responsibility, borrowing capacity impacts, and why having a clear exit strategy is critical from day one.   The conversation breaks down key ownership structures like joint tenants vs tenants in common, along with the risks tied to legal issues, financial stress, and unexpected life events. The episode highlights how these decisions don’t just affect the property but your future flexibility, protection, and long-term plans.   If you’re considering investing with family or friends, this episode will help you think through the risks before you commit and structure it the right way from the start.     ❓👇🏼Ask your questions using the link below: 👇🏼❓ https://whatschoolshouldhave.com.au/askanyquestion   Get in touch with Jeremy and his team:  Website: https://www.praediumpartners.com.au/   Scott Lung: Website: https://koalafinancial.com.au/   Shanil Lal: Website: https://www.runnymedelawyers.com.au/ Disclaimer: This podcast offers general financial information and advice and should not be considered as professional accounting, financial, tax, or legal advice. Listeners should seek personalised guidance from qualified professionals before making any financial decisions.   The opinions expressed by the host, guests, or callers are their own and do not necessarily represent those of the podcast, its sponsors, or affiliates. The podcast does not guarantee the accuracy or reliability of any information provided.   Listeners are responsible for their own financial decisions and should not rely solely on information from this podcast. Participation in the podcast does not establish a professional relationship, and information shared during calls is not confidential.   By listening to this podcast, viewers acknowledge and accept these terms. If you do not agree, please refrain from listening. See omnystudio.com/listener for privacy information.