Loan Tip: Related Party Transfers and Bank Loans Transferring title to a related party will usually require new loans to be obtained by the new...
I have written several tips on spouses selling or transferring property to each other and here is a list of those tips, hopefully in date order:...
Tax Tip 513: Spousal Transfers where Interest Will not be deductible When spouses sell income producing assets to leave other the interest on...
I have been collecting private rulings, ATO IDs and any other ATO publication that covers the topic of deductibility of interest when one spouse...
Hello, We have a PPOR which we own on my name and my spouse's name (joint tenants). We are in the process of building a new house and want to...
Whenever changing the ownership of property you will need to consider the CGT implications. Generally, CGT will only apply to the portion of the...
Hi, I know there are a few threads which may be helpful but I am wondering about turning a PPOR into an investment property. In this scenario...
It is not as simple as just adding a name to a property when transferring between family members. For the interest on the loan to be deductible...
Under the South Australian Stamp duty laws there is an exemption available for transfers between spouses of properties that are the principal...
The other day I wrote a post about a common misconception that many have in that a spouse can be added to title before selling a property so as to...
In recent weeks I have had at least 3 people ask me if they can add a spouse to title before selling an investment property so that they can save...
@Terry_w - looking to understand and apply your various strategies and I'm not sure I understand Strategy: Buying Investment Properties in 1 name...
There are 4 different ways that a spouse, or anyone for that matter, can be added to the title of a property. a) Gift – no consideration...
An Incomplete Checklist for Transfers between Spouses a) Why a. Why do you want to do this? b. What are you trying to achieve? c....
Spousal Transfers and Stamp Duty for ACT property S 72 of the Duties Act 1999 (Australian Capital Territory) allows for an exemption of duty for...
In WA there is an exemption, under s 97 Duties Act 2008 (WA) on duty for transferring a property from one name to both names where: - Both...
Strategy: Buy the Main Residence in One Name only Couples should consider getting the main residence in one name only rather than two names....
Complex scenario... looking for thoughts/ideas/feedback. Mr X purchased PPOR in Dec 2009 (sole name) Mr X moved out in 2011, turning property...
Me and my wife jointly own our PPOR in Victoria. One scenario I am evaluating is to buy new PPOR and rent the current one as IP. The PPOR has 400k...
IP held for 10yrs (only ever as an IP) with Spouse#1 on title, Spouse#1&2 on the loan. Current PPOR held for 10yrs as joint tenants. The plan is...
Separate names with a comma.
