Well before purchasing the next property you need to consider who will own it. Leaving aside non persons for the moment, for a couple there are just a few choices: 1. Single name Spouse A 2. Single name Spouse B 3. Joint names Spouse A and B this could be either 3a. Joint Tenants 3b. Tenants in common in equal shares 3c. Tenants in common in unequal shares Before deciding you should consider the consequences of each of the above in relation to 1. Stamp duty in relation to restructuring 2. income tax now 3. income tax in the future as rents rise 4. CGT in the future 5. land tax now and in the future 6. control 7. Ongoing borrowing ability (most important) 8. asset protection on a. bankruptcy b. family law c. incapacity d. death 9. ability to transfer property into a SMSF Generally speaking going in single names can be a good idea because: 1. In some states you can transfer between spouses without stamp duty. This can allow debt recycling strategies to assist with the paying off of the home loan sooner. 2. Land tax can be minimised 3. Extends serviceability in most cases 4. Allows greater planning for tax minimisation on the sale of the property 5. Can be greater asset protection 6. If death occurs can allow greater planning to save tax for the surviving spouse and provide greater asset protection. 7. Non owner can be on the loan as well. But this is a last resort and should only be done if absolutely necessary as it will greater hurt serviceability in the future and halve the asset protection. So, don't just take the short term view get the negative geared property in the higher income earners name - it won't be negative forever. And don't buy 99/1 or 90/10 as Tenants in Common as there is no real point. Owning 1% of a property is not much better than owning 0% but you will be stuck in the loan for the life of the property and this will hurt serviceability.