Holding property and company shares in company name

Hi guys.
Moderator pls move thread If it's in the wrong section.

Is there any benefit to holding investment properties in company name?
I see some people do it all under one company but also

Company1 for property 1
Company2 for property 2
Etc etc

Also

My wife is about to start her own company with 2 others . They have been adviced to consider hold their individual shares in abn/company

Just looking for general advice.
Also want to know will a lawyer or account better to seek advice for both this issue.

Thanks

 

Have a look at @Terry_w's tips on structuring.

 

Land tax is generally the only advantage. But depends on state.

 

A land tax unit trust (NSW+) may be a option for the property and held aside from the operating co and can rent (commercial) to it. May even be possible for the parties to use super to buy their unitholdings in some instances. Also can access thresholds (often).

Shares in operating company could also be owned by a disc trust by each party. Depends on many things.

 

thanks,
for my wife's issue,

should i seek accountants or lawyers/solicitors ?

 

Do you need asset protection from her (business) venture as well for any joint assets?

 

Lawyers

 

to my knowledge, only thing she has of any major value is her share in our home,

everything else is in my name.

but yes, will be good if her business fail they wont take her home.

and thanks @Terry. lawyer it is

 

She will need more than asset protection advice.
Things such as
what entity to hold the shares
how to fund the company
shareholder agreements
control of the company
director duties
planning for incapacity
death planning
business succession

all legal areas