Hi all, Not sure in the right sub topic, feel free to move it. My work subsides my rent as I accepted a position in a remote region (FNQ). Basic rules are that if I own a property in my name in that area, I am not entitled to this allowance. The amount is enough for me to pursue a more complicated strategy rather than straight buying a place and forgoing. My idea was that my 20% deposit is transfered as a gift to my parents, they then purchase the place I would like to purchase then lease off them. My parents could claim the tax benefits as it would be negatively geared but I pay all cash required to service mortgage. They would on paper own it as in an investment that I would then lease. Intention is that I rent until this current situation changes and then I would then purchase off them. I do not see much capital growth in this area but its cheaper to own than rent... And I want to live here long term as my PPOR. I own no other property have sold in Vic. Is there any holes in this plan, is there a better structure such as trusts etc? Has anyone pursued this and have real life experience? Thanks.