Looking at alternatives to helping adult child into first home. There have been many posts about acting as guarantor, or lending money to adult...
Here is the situation. Fiancé has child and his ex causes all kinds of issues for us. We are buying IP. The deposit is coming from my money...
There are two ways multiple people can own a property in Victoria: as "joint tenants" or as "tenants in common". With joint tenants: if one owner...
When a taxpayer dies the cost base of their property is reset to the market value as of the date of death as long as the property was the main...
Before you enter into bankruptcy you should always prepare ahead. With estate planning the main things to consider are: 1. Bankruptcy...
Hi P.C community, I initially sought out being a member to ask a question and get answers for a situation im in but this appears to be a really...
There are 2 different ways to structure the ownership of an asset jointly. Under s 128-50 ITAA97 if a joint tenant dies the surviving joint...
Hi all, I was hoping I could receive some input regarding my situation. Context: I am not a permanent resident / citizen (however I do hold an...
Does anyone know if the titles office charge you to alter your title from joint tenants to tenants in common
Hi. I purchased a property with my former partner (approximately 6 months ago) and have just now become aware that he made the ownership Tenants...
Some say that holding assets jointly as Joint Tenants is the same in terms of asset protection as holding those assets as Tenants in Common in...
Hi everyone, My brother and I own 2 properties together. We currently have them set up as Joint Tenancy. My brother is about to move overseas...
When a joint tenant owner dies their share of the property passes to the other surviving owners. There is no opportunity to deal with the property...
When two or more people buy property together, they must decide which way they will jointly own the property. The two ways are either: a) As...
Combining Different Joint Ownership Methods A and B can jointly own property either as · Joint Tenants (JT), or · Tenants on...
There is a family property held by myself and my 2 siblings as joint tenants, which is now to be sold. I am considering "buying out" my siblings...
Hi all, Me and my wife own a property in NSW as joint tenants. The property is 1 title with 2 houses on a 1400m2 block in NSW. We want to...
The two main types of co-ownership in Australia are:- Tenants in common; or Joint tenants. When you purchase a property with someone else, you...
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